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Investment in unconsolidated joint ventures

43,687

23,002

^[2],[3]

5,071

5,370

^[2],[3]

Investment in Reading International Trust I

838

^[2],[3]

Goodwill

19,828

19,715

^[2],[3]

10,037

9,889

^[2],[3]

28,667

24,584

^[2],[3]

Other assets

13,111

3,615

^[2],[3]

LIABILITIES AND STOCKHOLDERS' EQUITY

405,766

372,198

^{[2],[3],[4],[5]}

Accounts payable and accrued liabilities

26,479

23,638

^[2],[3]

Film rent payable

10,528

9,291

^[2],[3]

Debt – current portion

567

14,887

^[2],[3]

Taxes payable

3,523

5,275

^[2],[3]

10,758

11,771

^[2],[3]

Total current liabilities

14,131

7,640

^[2],[3]

65,986

72,502

^[2],[3]

Debt – long-term portion

115,707

87,101

^[2],[3]

Noncurrent tax liabilities

27,340

27,125

^[2],[3]

19,953

16,457

^[2],[3]

30,165

30,062

^[2],[3]

Commitments and contingencies (Note 12)

259,151

233,247

^[2],[3]

^[2],[3]

Stockholders' equity:

Nonvoting preferred stock, par value $0.01, 12,000 shares authorized and no issued or outstanding shares at December 31, 2016 and 2015

^[2],[3]

Additional paid-in capital

144,569

143,815

^[2],[3]

Accumulated other comprehensive income

1,680

(7,723)

^[2],[3]

Treasury shares

(16,374)

(13,524)

^[2],[3]

12,075

11,806

^[2],[3]

Total Reading International, Inc. stockholders' equity

142,197

134,620

^[2],[3]

4,418

4,331

^[2],[3]

^[1]

146,615

138,951

^[2],[3]

405,766

372,198

^[2],[3]

Class A [Member]

Stockholders' equity:

Common stock

230

229

^[2],[3]

Class B [Member]

Stockholders' equity:

Common stock

$ 17

^[2],[3]

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[3]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[4]	The balance as of December 31, 2015 included the reclassification adjustment relating to netting of deferred financing costs amounting to $1.8 million, as discussed in Note 2 - Summary of Significant Accounting Policies - Recently Adopted and Issued Accounting Pronouncements.
[5]	The balances as of December 31, 2015 included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	12,000	12,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Class A [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	32,856,267	32,831,113
Common stock, shares outstanding	21,497,717	21,654,302
Class B [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	1,680,590	1,680,590
Common stock, shares outstanding	1,680,590	1,680,590

Consolidated Statements Of Operations
$ in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2016

USD ($)

$ / shares

Dec. 31, 2015

USD ($)

$ / shares

Dec. 31, 2014

USD ($)

$ / shares

Revenue

Cinema

$ 256,922

$ 242,823

^[1]

$ 238,355

^[1]

Real estate

13,551

15,042

^[1]

16,887

^[1]

270,473

257,865

^[1],[2]

255,242

^[1],[2]

Costs and expenses

Cinema

(198,523)

(190,007)

^[1]

(188,435)

^[1]

Real estate

(9,044)

(10,948)

^[1]

(9,770)

^[1]

General and administrative

(15,689)

(14,562)

^[1]

(15,468)

^[1]

(26,906)

(18,652)

^[1]

(18,902)

^[1]

(250,162)

(234,169)

^[1]

(232,575)

^[1]

20,311

23,696

^[1]

22,667

^[1]

Interest income

1,268

^[1]

662

^[1]

Interest expense

(6,868)

(8,572)

^[1]

(9,662)

^[1]

Net gain on sale of assets

^[3],[4]

(1,421)

393

11,023

^[1]

Other income (expense)

(63)

(440)

^[1]

1,646

^[1]

Income before income taxes and equity earnings of unconsolidated joint ventures

12,438

26,975

^[1],[5]

15,338

^[1],[5]

999

1,204

^[1]

1,015

^[1]

13,437

28,179

^[1]

16,353

^[1]

(4,020)

(5,148)

^[1],[5]

8,925

^[1],[5]

Less: Net income (loss) attributable to non-controlling interests

^[1]

9,417

23,031

25,278

(79)

^[1]

(57)

^[1]

Net income attributable to Reading International, Inc. common shareholders

$ 9,403

$ 23,110

^[1]

$ 25,335

^[1],[5]

Basic earnings per share | $ / shares

$ 0.40

$ 0.99

^[1]

$ 1.08

^[1],[5]

Diluted earnings per share | $ / shares

$ 0.40

$ 0.98

^[1]

$ 1.07

^[1],[5]

Weighted average number of shares outstanding-basic | shares

23,320,048

23,293,696

^[1]

23,431,855

^[1],[5]

Weighted average number of shares outstanding-diluted | shares

23,521,157

23,495,618

^[1]

23,749,221

^[1],[5]

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Balances relating to Cinema segment included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	In line with our standard translation policy, the recoverable asset of NZ$13.6 million was translated into U.S. dollars based on the spot exchange rate as of December 31, 2016, while the impact on our statement of operations was translated using the average exchange rate for the month of December 2016.
[4]	Total impact to current income of $1.4 million (NZ$2.0 million) is presented as a separate line in our Statement of Operations.
[5]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Consolidated Statements Of Comprehensive Income - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Consolidated Statements Of Comprehensive Income [Abstract]

Foreign currency translation gain (loss)

^[1]

$ 9,417

$ 23,031

$ 25,278

142

(16,488)

^[1]

(14,255)

^[1]

Unrealized income (loss) on available for sale investments

(2)

^[1]

Accrued pension service benefit (costs)

129

207

^[1]

738

^[1]

Comprehensive income

9,686

6,752

^[1]

11,761

^[1]

Less: Net income (loss) attributable to non-controlling interests

(79)

^[1]

(57)

^[1]

Less: Comprehensive loss attributable to noncontrolling interests

(1)

(46)

^[1]

(41)

^[1]

Comprehensive income attributable to Reading International, Inc.

$ 9,673

$ 6,877

^[1]

$ 11,859

^[1]

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Consolidated Statements Of Stockholders' Equity - USD ($)
$ in Thousands

Common Stock [Member]

Class A [Member]

Common Stock [Member]

Class B [Member]

Additional Paid-In Capital [Member]

Retained Earnings (Accumulated Deficit) [Member]

^[1]

Treasury Stock [Member]

Accumulated Other Comprehensive Income/(Loss) [Member]

Reading International Inc. Stockholders Equity [Member]

^[1]

Noncontrolling Interests [Member]

Total

Balance at Dec. 31, 2013

$ 225

$ 15

$ 137,849

$ (56,168)

$ (4,512)

$ 41,515

$ 118,924

$ 4,607

$ 123,531

^[1]

Balance, shares at Dec. 31, 2013

21,890,000

1,495,000

Net income (loss)

25,335

(57)

25,278

^[1]

Other comprehensive loss, net

(13,476)

(41)

(13,517)

^[1]

Stock-based compensation expense

$ 3

1,410

1,413

^[1]

(4,070)

$ (4,070)

^[1]

Class A common stock issued for stock bonuses and options exercised

(432,000)

(432,252)

978

$ 978

^[1]

Class A common stock issued for stock bonuses and options exercised, shares

283,000

Contributions from noncontrolling shareholders

327

^[1]

Distributions to noncontrolling shareholders

(224)

^[1]

Balance at Dec. 31, 2014

$ 228

$ 15

140,237

(30,833)

(8,582)

28,039

129,104

4,612

133,716

^[1]

Balance, shares at Dec. 31, 2014

21,741,000

1,495,000

Balance at Dec. 31, 2013

$ 225

$ 15

137,849

(56,168)

(4,512)

41,515

118,924

4,607

123,531

^[1]

Balance, shares at Dec. 31, 2013

21,890,000

1,495,000

$ (10,030)

Balance, shares at Dec. 31, 2016

(854,093)

Balance at Dec. 31, 2016

$ 230

$ 17

144,569

1,680

(16,374)

12,075

142,197

4,418

$ 146,615

^[1]

21,498,000

1,680,000

Balance at Dec. 31, 2014

$ 228

$ 15

140,237

(30,833)

(8,582)

28,039

129,104

4,612

133,716

^[1]

Balance, shares at Dec. 31, 2014

21,741,000

1,495,000

Net income (loss)

23,110

(79)

23,031

^[1]

Other comprehensive loss, net

(16,233)

(46)

(16,279)

^[1]

Stock-based compensation expense

1,458

^[1]

Stock-based compensation expense, shares

7,000

(3,110)

$ (3,110)

^[1]

Class A common stock issued for stock bonuses and options exercised

(240,000)

(240,102)

$ 2

490

492

$ 492

^[1]

Class A common stock issued for stock bonuses and options exercised, shares

235,000

In-kind exchange of stock for the exercise of options, net issued

$ (1)

$ 2

1,630

(1,832)

(201)

^[1]

In-kind exchange of stock for the exercise of options, net issued, shares

(89,000)

Contributions from noncontrolling shareholders

185

^[1]

Distributions to noncontrolling shareholders

(173)

^[1]

Balance at Dec. 31, 2015

$ 229

$ 17

143,815

(7,723)

(13,524)

11,806

134,620

4,331

138,951

^[1],[2],[3]

Balance, shares at Dec. 31, 2015

21,654,000

1,680,000

Net income (loss)

9,403

9,417

^[1]

Other comprehensive loss, net

269

(1)

268

^[1]

Stock-based compensation expense

609

^[1]

(2,850)

$ (2,850)

^[1]

Class A common stock issued for stock bonuses and options exercised

(181,000)

(181,739)

$ 2

145

147

$ 147

^[1]

Class A common stock issued for stock bonuses and options exercised, shares

13,000

In-kind exchange of stock for the exercise of options, net issued

$ (1)

(1)

^[1]

In-kind exchange of stock for the exercise of options, net issued, shares

12,000

Contributions from noncontrolling shareholders

268

^[1]

Distributions to noncontrolling shareholders

(194)

^[1]

Balance at Dec. 31, 2016

$ 230

$ 17

$ 144,569

$ 1,680

$ (16,374)

$ 12,075

$ 142,197

$ 4,418

$ 146,615

^[1]

Balance, shares at Dec. 31, 2016

21,498,000

1,680,000

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[3]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Consolidated Statements Of Cash Flows
$ in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

Adjustments to reconcile net income to net cash provided by operating activities:

^[1]

$ 9,417

$ 23,031

$ 25,278

Distributions of earnings from unconsolidated joint ventures

(999)

(1,204)

^[1]

(1,015)

^[1]

1,004

1,074

^[1]

857

^[1]

Net gain on sale of assets

(393)

(11,023)

^[1]

(25)

^[1]

(5,060)

(4,067)

^[1]

(14,029)

^[1]

15,689

14,562

^[1]

15,468

^[1]

Other amortization

1,797

919

^[1]

2,077

^[1]

Stock based compensation expense

^[2],[3]

1,421

609

1,458

^[1]

1,413

^[1]

Net changes in operating assets and liabilities:

Receivables

1,296

620

^[1]

(2,753)

^[1]

Prepaid and other assets

(599)

(2,386)

^[1]

(493)

^[1]

Accounts payable and accrued expenses

2,843

6,479

^[1]

148

^[1]

Film rent payable

1,244

282

^[1]

3,117

^[1]

Taxes payable

(1,707)

(426)

^[1]

(3,883)

^[1]

3,626

(745)

^[1]

2,183

^[1]

30,188

28,574

^[1]

28,343

^[1]

Purchases of and additions to operating property

(49,166)

(53,119)

^[1]

(14,914)

^[1]

Change in restricted cash

178

1,292

^[1]

(614)

^[1]

Distributions from unconsolidated joint ventures

296

228

^[1]

208

^[1]

Advanced cash settlement on insurance claim

5,000

Proceeds from sale of property

831

21,889

^[1]

5,422

^[1]

(42,861)

(29,710)

^[1]

(9,898)

^[1]

Repayment of long-term borrowings

(63,748)

(35,239)

^[1]

(7,140)

^[1]

Proceeds from borrowings

81,616

10,500

^[1]

8,173

^[1]

Capitalized borrowing costs

(3,992)

(248)

^[1]

(1,320)

^[1]

Repurchase of Class A Nonvoting Common Stock

(2,850)

(3,310)

^[1]

(4,070)

^[1]

Proceeds from stock option exercises

146

492

^[1]

978

^[1]

Noncontrolling interest contributions

268

^[1]

327

^[1]

Noncontrolling interest distributions

(194)

(173)

^[1]

(223)

^[1]

Net cash provided by/(used in) financing activities

11,246

(27,961)

^[1]

(3,275)

^[1]

Net increase (decrease) in cash and cash equivalents

742

(1,449)

^[1]

(2,618)

^[1]

(685)

(30,546)

^[1]

12,552

^[1]

Cash and cash equivalents at the beginning of the year

^[1]

19,702

^[4],[5]

50,248

37,696

In-kind exchange of stock for the exercise of options, net

19,017

19,702

^[1],[4],[5]

50,248

^[1]

Supplemental Disclosures

Interest paid

5,948

9,023

^[1]

9,504

^[1]

Income taxes paid, net

6,607

8,553

^[1]

6,407

^[1]

Non-Cash Transactions

Lease make-good accrual

$ 35

1,314

^[1]

$ 4,385

^[1]

^[1]

$ 1,833

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	In line with our standard translation policy, the recoverable asset of NZ$13.6 million was translated into U.S. dollars based on the spot exchange rate as of December 31, 2016, while the impact on our statement of operations was translated using the average exchange rate for the month of December 2016.
[3]	Total impact to current income of $1.4 million (NZ$2.0 million) is presented as a separate line in our Statement of Operations.
[4]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[5]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Description Of Business And Segment Reporting

12 Months Ended

Dec. 31, 2016

Description Of Business And Segment Reporting [Abstract]

Description Of Business And Segment Reporting

NOTE 1 – Description of Business and Segment Reporting

The Company

Reading International, Inc., a Nevada corporation (“RDI” and collectively with our consolidated subsidiaries and corporate predecessors, the “Company,” “Reading” and “we,” “us,” or “our”), was incorporated in 1999, and, following the consummation of a consolidation transaction on December 31, 2001, is now the owner of the consolidated businesses and assets of Reading Entertainment, Inc. (“RDGE”), Craig Corporation (“CRG”), and Citadel Holding Corporation (“CDL”). Our businesses consist primarily of:

the development, ownership and operation of multiplex cinemas in the United States, Australia, and New Zealand; and,

the development, ownership, and operation of retail and commercial real estate in the United States, Australia, and New Zealand.

Business Segments

Our business is comprised of two operating segments, as follows: (i) cinema exhibition and (ii) real estate. Each of these segments has discrete and separate financial information and for which operating results are evaluated regularly by our Chief Executive Officer, the chief operating decision-maker of the Company. As part of our real estate segment, we have acquired, and continue to hold, raw land in urban and suburban centers in Australia, New Zealand, and the United States.

The tables below summarize the results of operations for each of our business segments. Operating expense includes costs associated with the day-to-day operations of the cinemas and the management of rental properties, including our live theater assets.


	2016						2015(2)						2014(2)
(Dollars in thousands)	Cinema		Real Estate		Total		Cinema		Real Estate		Total		Cinema		Real Estate		Total
Revenue	$	256,922	$	20,917	$	277,839	$	242,823	$	21,579	$	264,402	$	238,355	$	24,348	$	262,703
Inter-segment elimination(1)		--		--		(7,366)		--		--		(6,537)		--		--		(7,461)
Total revenue		256,922		20,917		270,473		242,823		21,579		257,865		238,355		24,348		255,242
Operating expense
Cost of services and products (excluding depreciation and amortization)		(205,889)		(9,044)		(214,933)		(196,544)		(10,948)		(207,492)		(195,896)		(9,770)		(205,666)
Inter-segment elimination(1)		--		--		7,366		--		--		6,537		--		--		7,461
Total cost of services and products		(205,889)		(9,044)		(207,567)		(196,544)		(10,948)		(200,955)		(195,896)		(9,770)		(198,205)
Depreciation and amortization		(11,772)		(3,522)		(15,294)		(11,161)		(3,107)		(14,268)		(11,047)		(4,061)		(15,108)
General and administrative expense		(3,763)		(1,422)		(5,185)		(3,000)		(728)		(3,728)		(3,575)		(1,042)		(4,617)
Total operating expense		(221,424)		(13,988)		(228,046)		(210,705)		(14,783)		(218,951)		(210,518)		(14,873)		(217,930)
Segment operating income	$	35,498	$	6,929	$	42,427	$	32,118	$	6,796	$	38,914	$	27,837	$	9,475	$	37,312

(1) Inter-segment eliminations relate to the internal charge between the two segments where the cinema operates within real estate owned within the group.

(2) Balances relating to Cinema segment included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

A reconciliation of segment operating income to income before income taxes is as follows:


(Dollars in thousands)	2016		2015(1)		2014(1)
Segment operating income	$	42,427	$	38,914	$	37,312
Unallocated corporate expense:
Depreciation and amortization expense		(395)		(294)		(360)
General and administrative expense		(21,721)		(14,924)		(14,285)
Interest expense, net		(6,782)		(7,304)		(9,000)
Equity earnings of unconsolidated joint ventures		999		1,204		1,015
Gain on sale of assets		393		11,023		25
Casualty loss		(1,421)		--		--
Other income (expense)		(63)		(440)		1,646
Income before income taxes	$	13,437	$	28,179	$	16,353

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Assuming cash and cash equivalents are accounted for as corporate assets, total assets by business segment and by country are presented as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015(2)(3)
By segment:
Cinema	$	133,057	$	106,201
Real estate		240,362		219,497
Corporate (1)		32,347		46,500
Total assets	$	405,766	$	372,198
By country:
United States	$	161,922	$	129,254
Australia		170,556		173,045
New Zealand		73,288		69,899
Total assets	$	405,766	$	372,198

(1) Corporate Assets includes cash and cash equivalents of $19.0 million and $19.7 million as of December 31, 2016 and 2015, respectively.

(2) The balance as of December 31, 2015 included the reclassification adjustment relating to netting of deferred financing costs amounting to $1.8 million, as discussed in Note 2 – Summary of Significant Accounting Policies – Recently Adopted and Issued Accounting Pronouncements.

(3) The balances as of December 31, 2015 included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

The following table sets forth our operating properties by country:


(Dollars in thousands)	December 31, 2016		December 31, 2015
United States	$	75,845	$	66,787
Australia		103,430		106,985
New Zealand		32,611		36,526
Total operating property	$	211,886	$	210,298

The table below summarizes capital expenditures for the three years ended December 31, 2016:


(Dollars in thousands)	2016		2015		2014
Segment capital expenditures	$	49,023	$	52,989	$	14,310
Corporate capital expenditures		143		130		604
Total capital expenditures	$	49,166	$	53,119	$	14,914

Summary Of Significant Accounting Policies

12 Months Ended

Dec. 31, 2016

Summary Of Significant Accounting Policies [Abstract]

Summary Of Significant Accounting Policies

NOTE 2 – Summary of Significant Accounting Policies

Significant Accounting Policies

Basis of Consolidation

Our consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). These consolidated financial statements include the accounts of our wholly-owned subsidiaries, which are RDGE, CRG, and CDL. We have also consolidated the following entities that are not wholly-owned for which we have control:

Australia Country Cinemas Pty, Limited, a company in which we own a 75% interest and whose only assets are our leasehold cinemas in Townsville and Dubbo, Australia;

Sutton Hill Properties, LLC (“SHP”), a company based in New York in which we own a 75% interest and whose only asset is the fee interest in the Cinemas 1,2,3; and,

Shadow View Land and Farming, LLC in which we own a 50% controlling membership interest and whose only asset is a 202-acre land parcel in Coachella, California.

Our investment interests in certain joint venture arrangements, for which we own between 20% to 50% and for which we have no control over the operations, are accounted for as unconsolidated joint ventures, and hence, recorded in the consolidated financial statements under the equity method. These investment interests include our:

25% undivided interest in the unincorporated joint venture that owns 205-209 East 57th Street Associates, LLC a limited liability company formed to redevelop our former cinema site at 205 East 57th Street in Manhattan;

33.3% undivided interest in the unincorporated joint venture that owns the Mt. Gravatt cinema in a suburb of Brisbane, Australia;

33.3% undivided interest in Rialto Distribution, an unincorporated joint venture engaged in the business of distributing art film in New Zealand and Australia; and,

50% undivided interest in the unincorporated joint venture that owns Rialto Cinemas.

We consider that we have control over our partially-owned subsidiaries and joint venture interests (collectively “investee”) when these conditions exist: (i) we own a majority of the voting rights or interests of the investee (typically above 50%), or (ii) in the case when we own less than the majority voting rights or interests, we have the power over the investee when the voting rights or interests are sufficient to give it the practical ability to direct the relevant activities of the investee unilaterally. The Company considers all relevant facts and circumstances in assessing whether or not our voting rights in the investee are sufficient to give it power, including: (i) the size of our voting rights and interests relative to the size and dispersion of holdings of other vote holders; (ii) potential voting rights and interests held by us; (iii) rights and interests arising from other contractual arrangements; and (iv) any additional other relevant facts.

All significant intercompany balances and transactions have been eliminated in the consolidation.

Use of Estimates

The preparation of consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and footnotes thereto. Significant estimates and assumptions include, but not limited to: (i) valuations in relation to business acquisition, (ii) projections we make regarding the recoverability and impairment of our assets (including goodwill and intangibles), (iii) valuation of our derivative instruments, (iv) recoverability of our deferred tax assets and (v) estimation of gift card and gift certificate breakage where we have concluded that the likelihood of redemption is remote. Actual results may differ from those estimates.

Reclassifications

Certain reclassifications have been made in the 2015 comparative information in the consolidated balance sheets and notes to conform to the 2016 presentation. These changes relate to the following:

(i)

adoption of Accounting Standards Update (“ASU”) 2015-03, Interest – Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs, as discussed more fully in the section “Recently Adopted and Issued Accounting Pronouncements”; and,

(ii)

reclassification of Investments in marketable securities and Restricted cash line items as part of Prepaid and other current assets due to their immaterial balances.

These reclassifications had no significant impact on our financial position as of December 31, 2015 and our results of operations and cash flows for the two years ended December 31, 2015, as previously reported.

Revenue Recognition

(i)

Cinema Exhibition – revenue from cinema ticket sales and food and beverage sales are recognized when sold and collected. These sales, which are recorded net of taxes, are principally collected in cash or credit card at our theatre locations and through our online selling channels. Ancillary revenue from gift cards and gift certificate sales is deferred and recognized as revenue when redeemed. Gift card and gift certificate breakage income is recognized based upon our historical redemption patterns and represents the balance of gift cards and gift certificates for which we believe the likelihood of redemption by the customer is remote.

(ii)

Real Estate – we have retained substantially all of the risks and benefits of ownership of our real estate properties and therefore, we account for our tenant leases as operating leases. Accordingly, rental revenue is recognized on a straight-line basis over the lease term. Revenue from our live theatre business is determined based on fixed and variable fees (percentage of ticket sales) pursuant to our license agreement with the production companies and is recorded on a weekly basis after performance of a show occurs.

Cash and Cash Equivalents

We consider all highly liquid investments with original maturities of three months or less at the time of purchase as cash equivalents for which cost approximates fair value.

Receivables

Our receivables balance is composed primarily of credit card receivables, representing the purchase price of tickets, food & beverage items, or coupon books sold at our various businesses. Sales charged on customer credit cards are collected when the credit card transactions are processed. The remaining receivables balance is primarily made up of the goods and services tax refund receivable from our Australian taxing authorities and the management fee receivable from the managed cinemas and property damage insurance recovery proceeds. We have no history of significant bad debt losses and we have established an allowance for accounts that we deem uncollectible.

Investment in Marketable Securities

Our investment in marketable securities, presented as part of prepaid and other current assets, includes equity instruments that are classified as available for sale and are recorded at market using the specific identification method. Available for sale securities are carried at their fair market value and any difference between cost and market value is recorded as unrealized gain or loss, net of income taxes, and is reported as accumulated other comprehensive income in the consolidated statement of stockholders’ equity.

Inventory

Inventory is composed of food and beverage items used in theater operations and is stated at the lower of cost (first-in, first-out method) or net realizable value.

Restricted Cash

Restricted cash includes those cash accounts for which the use of funds is restricted by any contract or bank covenant. At December 31, 2016 and 2015, our restricted cash balance, included as part of prepaid and other current assets, was $17,000 and $160,000, respectively.

Derivative Financial Instruments

All of our derivative financial instruments are carried in our consolidated balance sheets at fair value. Derivatives are generally executed for interest rate management purposes but are not designated as hedges. Therefore, changes in market values are recognized in current earnings.

Operating Property, net

Operating property consists of land, buildings and improvements, leasehold improvements, fixtures and equipment which we use to derive operating income associated with our two business segments, cinema exhibition and real estate. Buildings and improvements, leasehold improvements, fixtures and equipment are initially recorded at the lower of cost or fair market value and depreciated over the useful lives of the related assets. Land is not depreciated. Expenditures relating to renovations, betterments or improvements to existing assets are capitalized if it improves or extends the lives of the respective assets and/or provide long-term future net cash inflows, including the potential for cost savings.

Depreciation and amortization are provided using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are generally as follows:


Building and improvements	15 – 60 years
Leasehold improvements	Shorter of the lease term or useful life of the improvement
Theater equipment	7 years
Furniture and fixtures	5 – 10 years

Investment and Development Property, net

Investment and development property consists of land, buildings and improvements under development, and their associated capitalized interest and other development costs that we are either holding for development, currently developing, or holding for investment appreciation purposes. These properties are initially recorded at the lower of cost or fair market value. Within investment and development property are building and improvement costs directly associated with the development of potential cinemas (whether for sale or lease), the development of entertainment-themed centers (“ETCs”), or other improvements to real property. As incurred, we expense start-up costs (such as pre-opening cinema advertising and training expense) and other costs not directly related to the acquisition and development of long-term assets. We cease cost capitalization (including interest) on a development property when the property is complete and ready for its intended use, or if activities necessary to get the property ready for its intended use have been substantially curtailed. However, we do not suspend cost capitalization for brief interruptions and interruptions that are externally imposed, such as mandates from governmental authorities.

Impairment of Long-Lived Assets

We review long-lived assets, including goodwill and intangibles, for impairment as part of our annual budgeting process, at the beginning of the fourth quarter, and whenever events or changes in circumstances indicate that the carrying amount of the asset may not be fully recoverable.

We review internal management reports on a monthly basis as well as monitor current and potential future competition in film markets for indications of potential impairment.

(i)

Impairment of Long-lived Assets (other than Goodwill and Intangible Assets with indefinite lives) – we evaluate our long-lived assets and finite-lived intangible assets using historical and projected data of cash flows as our primary indicator of potential impairment and we take into consideration the seasonality of our business. If the sum of the estimated, undiscounted future cash flows is less than the carrying amount of the asset, then an impairment is recognized for the amount by which the carrying value of the asset exceeds its estimated fair value based on an appraisal or a discounted cash flow calculation. For certain non-income producing properties or for those assets with no consistent historical or projected cash flows, we obtain appraisals or other evidence to evaluate whether there are impairment indicators for these assets.

No impairment losses were recorded for long-lived and finite-lived intangible assets for the three years ended December 31, 2016, other than the write-down of the carrying amount of our parking structure adjacent to our Courtenay Central ETC in Wellington, New Zealand due to earthquake damage during the Fourth Quarter of 2016. Refer to Note 20 – Asset Impairment and Other Losses Recoverable through Insurance Claim for further details.

(ii)

Impairment of Goodwill and Intangible Assets with indefinite lives – goodwill and intangible assets with indefinite useful lives are not amortized, but instead, tested for impairment at least annually on a reporting unit basis. The impairment evaluation is based on the present value of estimated future cash flows of the segment plus the expected terminal value. There are significant assumptions and estimates used in determining the future cash flows and terminal value. The most significant assumptions include our cost of debt and cost of equity assumptions that comprise the weighted average cost of capital for each reporting unit. Accordingly, actual results could vary materially from such estimates.

No impairment losses were recorded for goodwill and indefinite-lived intangible assets for the three years ended December 31, 2016.

Variable Interest Entity

The Company enters into relationships or investments with other entities that may be a variable interest entity (“VIE”). A VIE is consolidated in the financial statements if the Company has the power to direct activities that most significantly impact the economic performance of the VIE and has the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE.

Reading International Trust I is a VIE. It is not consolidated in our financial statements but instead accounted for under the equity method of accounting because we are not the primary beneficiary. We carry our investment in the Reading International Trust I using the equity method of accounting because we have the ability to exercise significant influence (but not control) over operating and financial policies of the entity. We eliminate transactions with an equity method entity to the extent of our ownership in such an entity. Accordingly, our share of net income/(loss) of this equity method entity is included in consolidated net income/(loss). We have no implicit or explicit obligation to further fund our investment in Reading International Trust I.

Property Held for Sale

When a property is classified as held for sale, we present the respective assets and liabilities related to the property held for sale separately on the balance sheet and cease to record depreciation and amortization expense. Properties held for sale are reported at the lower of their carrying value or their estimated fair value less the estimated costs to sell. As of December 31, 2016 and 2015, we have classified our landholding in Burwood, Australia as land held for sale as a result of a sale transaction on May 12, 2014 that is expected to close by December 31, 2017. Refer to Note 4 – Real Estate Transactions for details.

Deferred Leasing/Financing Costs

Direct costs incurred in connection with obtaining tenants and/or financing are amortized over the respective term of the lease or loan on a straight-line basis. Direct costs incurred in connection with financing are amortized over the respective term of the loan utilizing the effective interest method, or straight-line method if the result is not materially different. In addition, interest on loans with increasing interest rates and scheduled principal pre-payments are also recognized on the effective interest method. Net deferred financing costs are presented as a reduction in the associated Debt account (see Note 10 – Debt) in line with our adoption of ASU 2015-03 which became effective since January 1, 2016.

Film Rental Costs

Film rental costs are accrued based on the applicable box office receipts and estimates of the final settlement to the film licensees.

Advertising Expense

We expense our advertising as incurred. The amount of our advertising expense was $2.3 million, $2.3 million, and $2.1 million for the years ended December 2016, 2015, and 2014, respectively.

Operating Leases

A majority of our cinema operations are conducted in premises under non-cancellable lease arrangements with initial base terms generally ranging between 5 to 15 years, with certain leases containing renewal options to extend the lease term to an additional of up to 20 years. We evaluate the classification of our leases and concluded all of these arrangements as operating leases. Lease expense is recorded on a straight-line basis over the initial base terms, taking into effect any rate change clauses.

Share-based Compensation

The determination of the compensation cost for our share-based awards (primarily in the form of stock options or restricted stock units) is made at the grant date based on the estimated fair value of the award, and such cost is recognized over the grantee’s requisite service period (which typically equates our vesting term). Previously recognized compensation cost shall be reversed for any forfeited award to the extent unvested at the time of forfeiture. Refer to Note 14 – Stock-based Compensation and Stock Repurchases for further details.

Treasury Stock

In recent years, we repurchased our own Class A common stock as part of a publicly announced stock repurchase plan with no current intent for retiring those reacquired shares. We account for these repurchases using the cost method and present as a separate line within the Stockholders’ Equity section in our consolidated balance sheets. Refer to Note 14 – Stock-based Compensation and Stock Repurchases for further details of our stock buyback plan.

Insurance Recoverability

In the event we incur a loss attributable to an impairment of an asset or incurrence of a liability that is recoverable, in whole or in part, through an insurance claim, we record an insurance recoverable (not to exceed the amount of the total losses incurred) only when the collectability of such claim is probable. To evaluate the probable collectability of an insurance claim, we consider communications with third parties (such as with our insurance company), in addition to advice from legal counsel.

Contingency Matters

(i)

Loss contingencies – we record any loss contingencies if the following two conditions are satisfied: (a) there is a “probable” likelihood that the liability had been incurred, that is, there is virtual certainty that we will eventually make payments as a result of an obligating past event, and (b) the amount of the loss can be reasonably estimated.

(ii)

Gain contingencies – other than recoveries through an insurance claim (discussed in the preceding policy “Insurance Recoverability), our gain contingencies typically result from legal settlements and we record those settlements in income when cash or other forms of payments are received.

Legal costs relating to our litigation matters, whether we are the plaintiff or the defendant, are recorded when incurred. For the years ended December 31, 2016, 2015, and 2014, we recorded gains/(losses) relating to litigation settlement of $415,000, ($495,000), and ($83,000), respectively.

Translation Policy

The financial statements and transactions of our Australian and New Zealand cinema and real estate operations are reported in their functional currencies, namely Australian and New Zealand dollars, respectively, and are then translated into U.S. dollars. Assets and liabilities of these operations are denominated in their functional currencies and are then translated at exchange rates in effect at the balance sheet date. Revenue and expenses are translated at the average exchange rate for the reporting period. Translation adjustments are reported in “Accumulated Other Comprehensive Income,” a component of Stockholders’ Equity.

The carrying values of our Australian and New Zealand assets fluctuate due to changes in the exchange rate between the U.S. dollar and the Australian and New Zealand dollars. Presented in the table below are the currency exchange rates for Australia and New Zealand as of and for the three years ended December 31, 2016:


	As of and for the year ended December 31, 2016	As of and for the year ended December 31, 2015	As of and for the year ended December 31, 2014
Spot Rate
Australian Dollar	0.7230	0.7286	0.8173
New Zealand Dollar	0.6958	0.6842	0.7796
Average Rate
Australian Dollar	0.7440	0.7524	0.9027
New Zealand Dollar	0.6973	0.7004	0.8306

Income Taxes

We account for income taxes under an asset and liability approach. Under the asset and liability method, deferred tax assets and liabilities are recognized for the expected future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and the respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled, and are classified as noncurrent on the balance sheets in accordance with current US GAAP. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. Income tax expense (benefit) is the tax payable (refundable) for the period and the change during the period in deferred tax assets and liabilities.

In evaluating our ability to recover our deferred tax assets within the jurisdiction from which they arise, we consider all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, projected future taxable income, tax planning strategies and recent financial operations. In projecting future taxable income, we begin with historical results adjusted for the results of discontinued operations and changes in accounting policies. We then include assumptions about the amount of projected future state, federal and foreign pretax operating income, the reversal of temporary differences, and the implementation of feasible and prudent tax planning strategies. These assumptions require significant judgment about the forecasts of future taxable income and are consistent with the plans and estimates we use to manage the underlying businesses. In evaluating the objective evidence that historical results provide, we consider three years of cumulative operating income/(loss). In the event we were to determine that we would be able to realize our deferred income tax assets in the future in excess of their net recorded amount, we would make an adjustment to the valuation allowance, which would reduce the provision for income taxes.

A tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits.

We recognize tax liabilities for uncertain tax positions and adjust these liabilities when our judgment changes as a result of the evaluation of new information not previously available. Due to the complexity of some of these uncertainties, the ultimate resolution may result in a payment that is materially different from our current estimate of the tax liabilities. These differences will be reflected as increases or decreases to income tax expense in the period in which they are determined.

Earnings Per Share

The Company presents both basic and diluted earnings per share amounts. Basic EPS is calculated by dividing net income attributable to the Company by the weighted average number of common shares outstanding during the year. Diluted EPS is based upon the weighted average number of common and common equivalent shares outstanding during the year, which is calculated using the treasury-stock method for equity-based awards. Common equivalent shares are excluded from the computation of diluted EPS in periods for which they have an anti-dilutive effect. Stock options for which the exercise price exceeds the average market price over the period are anti-dilutive and, accordingly, are excluded from the calculation.

Business Acquisition Valuation and Purchase Price Allocation

In recent years, our business acquisition efforts have been focused on our real estate segment. For real estate acquisitions meeting the definition of a “business” in accordance with ASC 805, Business Combinations, the assets acquired and the liabilities assumed are recorded at their fair values as of the acquisition date. To accomplish this, we typically obtain third party valuations to allocate the purchase price to the assets acquired and liabilities assumed, including both tangible and intangible components. The determination of the fair values of the acquisition components and its related determination of the estimated lives of depreciable tangible assets and amortizing intangible assets/liabilities require significant judgment and several considerations, described as follows:

(i)

Tangible assets – we allocate the purchase price to the tangible assets of an acquired property (which typically includes land, building and site/tenant improvements) based on the estimated fair values of those tangible assets assuming the building was vacant. Estimates of fair value for land are based on factors such as comparisons to other properties sold in the same geographic area adjusted for unique characteristics. Estimates of fair values of buildings and site/tenant improvements are based on present values determined based upon the application of hypothetical leases with market rates and terms. Building and site improvements are depreciated over their remaining economic lives, while tenant improvements are depreciated over the remaining non-cancelable terms of the respective leases.

(ii)

Intangible assets and liabilities – the valuation of the intangible assets and liabilities in a typical real estate acquisition is described below:

Above-market and below-market leases – we record above-market and below-market in-place lease values for acquired properties based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management’s estimate of fair market lease rates for the corresponding in-place leases, measured over a period equal to the remaining non-cancelable term of the lease. We amortize any capitalized above-market lease values (an intangible asset) and capitalized below-market lease values (an intangible liability) over the remaining non-cancelable terms of the respective leases.

Benefit of avoided costs due to existing tenancies – this typically includes (i) in-place leases (the value of avoided lease-up costs) and (ii) leasing commissions and legal/marketing costs avoided with the leases in place. We measure the fair values of the in-place leases based on the difference between (i) the property valued with existing in-place leases adjusted to market rental rates and (ii) the property valued as if vacant. Factors considered in the fair value determination include an estimate of carrying costs during hypothetical expected lease-up periods considering current market conditions, and costs to execute similar leases. We also consider information obtained about each property as a result of our pre-acquisition due diligence, marketing, and leasing activities in estimating the fair value of the intangible assets acquired. In estimating carrying costs, management includes real estate taxes, insurance and other operating expenses and estimates of lost rentals at market rates during the expected lease-up periods. Management also estimates costs to execute similar leases including leasing commissions, legal, and other related expenses to the extent that such costs are not already incurred in connection with a new lease origination as part of the transaction.

We amortize the value of in-place leases and unamortized leasing origination costs to expense over the remaining term of the respective leases. Should a tenant terminate its lease, the unamortized portion of the in-place lease values and leasing origination costs will be charged to expense.

These assessments have a direct impact on revenue and net income. If we assign more fair value to the in-place leases versus buildings and tenant improvements, assigned costs would generally be depreciated over a shorter period, resulting in more depreciation expense and a lower net income on an annual basis. Likewise, if we estimate that more of our leases in-place at acquisition are on terms believed to be above the current market rates for similar properties, the calculated present value of the amount above-market would be amortized monthly as a direct reduction to rental revenue and ultimately reduce the amount of net income. In accordance with our adoption of ASU 2015-16 as discussed more fully in the section “Recently Adopted and Issued Accounting Pronouncements”, we record the changes in depreciation and amortization in the period we finalize our purchase price allocation.

Accounting Changes

Change in Accounting Principle during the fourth quarter of fiscal year 2016

Prior to 2014, we recognized revenue for our gift cards and gift certificates issued in the U.S., which do not expire and have no dormancy fees, only when they were redeemed. At the end of fourth quarter of 2016, we determined that we have sufficient historical information to recognize breakage income on them. Based on our review of our own historical redemption patterns using company-wide data accumulated over many years, we considered it preferable to estimate a certain percentage of our gift card and gift certificate sales to be recorded as breakage income as it better reflects of our historical redemption patterns and our earnings process. Effectively, we concluded that a portion of these sales may have a remote likelihood of redemption based on our own historical redemption patterns and thus the liability is derecognized for them. We will continue to review historical gift card redemption information at each reporting period to assess the continued appropriateness of the gift card breakage rates and pattern of redemption. In accordance with ASC 250, Accounting Changes and Error Corrections, the Company adjusted its comparative financial statements as of and for the years ended December 31, 2015 and 2014 to apply this new accounting policy.

The impact of this change in accounting principle to our current and prior years’ financial statements is presented in the following tables (in condensed format):

Consolidated Statements of Operations


	2016						2015						2014
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change		As restated		As previously reported		Effect of change(1)
Revenues	$	270,473	$	269,855	$	618	$	257,865	$	257,323	$	542	$	255,242	$	254,748	$	494
Costs and expenses		(250,162)		(250,162)		--		(234,169)		(234,169)		--		(232,575)		(232,575)		--
Operating income		20,311		19,693		618		23,696		23,154		542		22,667		22,173		494
Interest expense (net), casualty loss and others		(7,873)		(7,873)		--		3,279		3,279		--		(7,329)		(7,329)		--
Income before income taxes and equity earnings of unconsolidated joint ventures		12,438		11,820		618		26,975		26,433		542		15,338		14,844		494
Equity earnings of unconsolidated joint ventures		999		999		--		1,204		1,204		--		1,015		1,015		--
Income before income taxes		13,437		12,819		618		28,179		27,637		542		16,353		15,859		494
Income tax benefit (expense)		(4,020)		(3,787)		(233)		(5,148)		(4,943)		(205)		8,925		9,785		(860)
Net income	$	9,417	$	9,032	$	385	$	23,031	$	22,694	$	337	$	25,278	$	25,644	$	(366)
Basic EPS	$	0.40	$	0.39	$	0.01	$	0.99	$	0.98	$	0.01	$	1.08	$	1.09	$	(0.01)
Diluted EPS	$	0.40	$	0.38	$	0.02	$	0.98	$	0.97	$	0.01	$	1.07	$	1.08	$	(0.01)

(1)The income tax effect of $860,000 in 2014 relates to the cumulative breakage revenue as of December 31, 2014. The tax effect of the portion that relates to years prior to 2014 was not recognized until 2014 due to full valuation allowance on our deferred tax assets in the U.S. as of December 31, 2013 and prior.

Consolidated Balance Sheets


	2016						2015
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change
Assets
Current assets	$	72,641	$	72,641	$	--	$	36,921	$	36,921	$	--
Non-current assets
Deferred tax asset, net		28,667		28,900		(233)		24,584		25,649		(1,065)
Other non-current assets		304,458		304,458		--		310,693		310,693		--
Total Assets	$	405,766	$	405,999	$	(233)	$	372,198	$	373,263	$	(1,065)
Liabilities and Stockholders' Equity
Current liabilities
Deferred current revenue	$	10,758	$	11,376	$	(618)	$	11,771	$	14,591	$	(2,820)
Other current liabilities		55,228		55,228		--		60,731		60,731		--
Non-current liabilities		193,165		193,165		--		160,745		160,745		--
Total Liabilities	$	259,151	$	259,769	$	(618)	$	233,247	$	236,067	$	(2,820)
Stockholders' Equity
Retained earnings (accumulated deficit)	$	1,680	$	1,295	$	385	$	(7,723)	$	(9,478)	$	1,755
Other equity components		144,935		144,935		--		146,674		146,674		--
Total Stockholders' Equity	$	146,615	$	146,230	$	385	$	138,951	$	137,196	$	1,755
Total Liabilities and Stockholders' Equity	$	405,766	$	405,999	$	(233)	$	372,198	$	373,263	$	(1,065)

As a result of this accounting change, accumulated deficit as of January 1, 2014 decreased from $58.0 million to $56.2 million, or a net change of $1.8 million representing the cumulative breakage income adjustment (net of taxes) as of December 31, 2013.

Consolidated Statements of Cash Flows


	2016						2015						2014
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change		As restated		As previously reported		Effect of change
Operating Activities
Net income	$	9,417	$	9,032	$	385	$	23,031	$	22,694	$	337	$	25,278	$	25,644	$	(366)
Adjustments to reconcile net income to net cash provided by operating activities
Change in net deferred tax assets		(5,060)		(5,293)		233		(4,067)		(4,272)		205		(14,029)		(14,889)		860
Other reconciling adjustments		19,128		19,128		--		5,786		5,786		--		18,775		18,775		--
Net changes in operating assets and liabilities
Deferred revenue and other liabilities		3,626		4,244		(618)		(745)		(203)		(542)		2,183		2,677		(494)
Other operating assets and liabilities		3,077		3,077		--		4,569		4,569		--		(3,864)		(3,864)		--
Net cash provided by operating activities	$	30,188	$	30,188	$	--	$	28,574	$	28,574	$	--	$	28,343	$	28,343	$	--
Investing Activities
Net cash used in investing activities	$	(42,861)	$	(42,861)	$	--	$	(29,710)	$	(29,710)	$	--	$	(9,898)	$	(9,898)	$	--
Financing Activities
Net cash provided by/(used in) financing activities	$	11,246	$	11,246	$	--	$	(27,961)	$	(27,961)	$	--	$	(3,275)	$	(3,275)	$	--
Effect of exchange rate on cash		742		742		--		(1,449)		(1,449)		--		(2,618)		(2,618)		--
Net increase (decrease) in cash and cash equivalents		(685)		(685)		--		(30,546)		(30,546)		--		12,552		12,552		--
Cash and cash equivalents beginning of the year		19,702		19,702		--		50,248		50,248		--		37,696		37,696		--
Cash and cash equivalents at the end of the year	$	19,017	$	19,017	$	--	$	19,702	$	19,702	$	--	$	50,248	$	50,248	$	--

Out-of-Period Adjustment during the fourth quarter of fiscal year 2016

In the fourth quarter of fiscal year 2016, we recorded out-of-period adjustments of $611,000 to decrease our income tax expenses in our consolidated statements of operations. The adjustments, which increased deferred tax asset by $611,000, were made to correct our income tax and related deferred tax asset accounts. We determined that the adjustments did not have a material impact to our current or prior period consolidated financial statements.

Out-of-Period Adjustment during the fourth quarter of fiscal year 2015

In the fourth quarter of fiscal year 2015, we recorded out-of-period adjustments of $514,000 to decrease our income tax expense in our consolidated statements of operations. The adjustments, which increased deferred tax asset by $2,116,000, increased additional paid in capital by $793,000, increased other comprehensive income by $1,859,000 and decreased other non-current liabilities by $1,050,000, were made to correct our income tax and related equity and liability accounts. Of the $514,000 adjustment to decrease the income tax expense in 2015, $1,286,000 relates to the adjustment that should have been recorded in 2014, thus reducing our income tax benefit by this amount. The remaining $1,800,000 relates to income taxes pertaining to years prior to 2014 cumulatively, that would have increased our deferred tax asset by such amount. We determined that the adjustments did not have a material impact to our prior period consolidated financial statements.

Recently Adopted and Issued Accounting Pronouncements

Adopted:

On January 1, 2016, the Company adopted ASU 2015-03, Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, issued by the Financial Accounting Standards Board (“FASB”). This new standard, which became effective for fiscal years beginning after December 15, 2015, required that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of debt liability, consistent with debt discounts or premiums. The impact of this adoption included reclassification of the deferred financing costs (net of amortization) from “Other Assets” to a reduction in the associated Debt account. Please refer to Note 10 – Debt for further details.

Also, on January 1, 2016, the Company adopted ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments. Under this new standard, an acquirer in a business combination transaction must recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The effect on earnings of changes in depreciation or amortization, or other income effects, if any, because of the change to the provisional amounts, calculated as if the accounting had been completed as of the acquisition date, must be recorded in the reporting period in which the adjustment amounts are determined rather than retrospectively. The ASU also requires that the acquirer present separately on the face of the income statement, or disclose in the notes, the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The adoption of this standard had an impact on the finalization of the purchase price allocation of Cannon Park acquired in December 2015, which was completed during this current third quarter of 2016. Please refer to Note 4 – Real Estate Transactions for the Cannon Park acquisition discussion.

Further, on January 1, 2016, the Company adopted ASU 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. This new guidance eliminated from GAAP the concept of extraordinary items. Rather, a material event or transaction that an entity considers to be of an unusual nature or of a type that indicates infrequency of occurrence or both shall be reported as a separate component of income from continuing operations. In accordance with this standard, we are hereby classifying the income statement effect of casualty losses due to earthquake affecting our Courtenay Central Parking Building in Wellington, New Zealand as a separate line in our Statement of Operations. Please refer to Note 20 – Asset Impairment and Other Losses Recoverable through Insurance Claim for further discussion.

Issued:

In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force). The new guidance requires that amounts generally described as restricted cash and cash equivalents should be combined with unrestricted cash and cash equivalents when reconciling the beginning and end of period balances on the statement of cash flows. The new standard becomes effective for the Company on January 1, 2018. Early adoption is permissible. The Company does not anticipate the adoption of ASU 2016-18 to have a material impact on the consolidated financial statements and related disclosures.

In October 2016, the FASB issued ASU 2016-17, Consolidation (Topic 810): Interests Held through Related Parties that are under Common Control. This new guidance alters how a decision maker needs to consider interests in a variable interest entity (“VIE”) held through an entity under common control and amends the previously issued ASU 2015-02. Under the new ASU, if a decision maker is required to evaluate whether it is the primary beneficiary of a VIE, it will need to consider only its proportionate indirect interest in the VIE held through a common control party. The new standard becomes effective for the Company on January 1, 2017. Early adoption is permissible. The Company does not anticipate the adoption of ASU 2016-17 to have a material impact on the consolidated financial statements and related disclosures.

In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The amendments covered in this ASU are improvements to current GAAP, as it will provide guidance to eight (8) specific cash flow classification issues, thereby reducing the current and potential future diversity in practice. The new standard becomes effective for the Company on January 1, 2018. Early adoption is permissible. The Company does not anticipate the adoption of ASU 2016-15 to have a material impact on the consolidated financial statements and related disclosures.

In March 2016, the FASB issued ASU 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. This new guidance provides simplifications involving several aspects of the accounting for share-based payment transactions, including the income tax consequences (such as excess tax benefits recorded in income tax expense/benefit, rather than additional paid-in capital), classification of awards as either equity or liabilities, and classification on the statement of cash flows. The new standard is effective for the Company on January 1, 2017. Early adoption is permitted. An entity that elects early adoption must adopt all of the amendments in the same period. The Company is currently assessing the impact of this new guidance on the consolidated financial statements and related disclosures.

Also, in March 2016, the FASB issued ASU 2016-04, Liabilities—Extinguishment of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Products (a consensus of the FASB Emerging Issues Task Force). The new guidance requires issuers that record financial and non-financial liabilities related to prepaid stored-value products (such as gift cards) to follow the same breakage model required by ASC 606, Revenue from Contracts with Customers for non-financial liabilities. Accordingly, issuers will be required to recognize the expected breakage amount (i.e., derecognize the liability) either (1) proportionally in earnings as redemptions occur, or (2) when redemption is remote. The new standard becomes effective for the Company on January 1, 2018. Early adoption is permissible. While this guidance is not effective until 2018, we have effectively applied this through our recording of the gift card breakage income as a change in accounting policy in this 2016 Form 10-K with retrospective application to January 1, 2014, as discussed in more detail in the “Accounting Changes” section. As a result, the Company does not anticipate the adoption of ASU 2016-04 to have a material impact on the consolidated financial statements and related disclosures when it becomes effective in 2018.

Further, in March 2016, the FASB issued ASU 2016-07, Investments—Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting. This new guidance effectively removes the retroactive application imposed in current guidance when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence. The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. The new standard becomes effective for the Company on January 1, 2017. Early adoption is permissible. The Company does not anticipate the adoption of ASU 2016-07 to have a material impact on the consolidated financial statements and related disclosures.

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). This new guidance establishes a right-of-use ("ROU") model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. The new standard becomes effective for the Company on January 1, 2019. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently assessing the impact of this new guidance on the consolidated financial statements and related disclosures.

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), to achieve a consistent application of revenue recognition within the U.S., resulting in a single revenue model to be applied by reporting companies under U.S. GAAP. Under the new model, recognition of revenues occurs when a customer obtains control of promised goods or services in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, the new standard requires that reporting companies disclose the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Subsequently, in March 2016, FASB issued ASU 2016-08 to provide guidance on principal versus agent considerations. The new standard becomes effective for the Company on January 1, 2018. Early adoption is permitted but cannot be earlier than January 1, 2017. The new standard is required to be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying it recognized at the date of initial application. We have not yet selected a transition method nor have we determined the impact of the new standard on our consolidated financial statements. While we believe the proposed guidance will not have a material impact on our business because our revenue predominantly comes from movie ticket sales and food and beverage purchases, we plan to complete the analysis to ensure that we are in compliance prior to the effective date.

Earnings Per Share

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 3 – Earnings Per Share

The following table sets forth the computation of basic and diluted EPS and a reconciliation of the weighted average number of common and common equivalent shares outstanding for the three years ended December 31, 2016:


(Dollars in thousands, except share and per share data)	2016		2015(1)		2014(1)
Numerator:
Net income attributable to RDI common stockholders	$	9,403	$	23,110	$	25,335
Denominator:
Weighted average shares of common stock – basic		23,320,048		23,293,696		23,431,855
Weighted average dilutive impact of stock-based awards		201,109		201,922		317,366
Weighted average shares of common stock – diluted		23,521,157		23,495,618		23,749,221
Basic EPS attributable to RDI common stockholders	$	0.40	$	0.99	$	1.08
Diluted EPS attributable to RDI common stockholders	$	0.40	$	0.98	$	1.07
Awards excluded from diluted EPS		92,500		--		248,750

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Real Estate Transactions

12 Months Ended

Dec. 31, 2016

Real Estate Transactions [Abstract]

Real Estate Transactions

NOTE 4 – Real Estate Transactions

Discussed below are the real estate transactions impacting the presentation in our consolidated balance sheets as of December 31, 2016 and 2015, and the profitability determination in our consolidated statements of operations for the three years ended December 31, 2016:

Purchase of New Corporate Headquarters Building in Los Angeles

On April 11, 2016, we purchased a 24,000 square foot office building with 72 parking spaces located at 5995 Sepulveda Boulevard in Culver City, California (a Los Angeles suburb) for $11.2 million. The terms and circumstances of this acquisition were not considered to meet the definition of a business combination in accordance with US GAAP. We intend to use approximately 50% of the leasable area for our headquarters offices and to lease the remainder overtime to unaffiliated third parties.

Sale of Landholding in Burwood, Australia

On May 12, 2014, we entered into a contract to sell our undeveloped 50.6 acre parcel in Burwood, Victoria, Australia, to an affiliate of Australand Holdings Limited (now known as Frasers Property Australia) for a purchase price of $48.2 million (AU$65.0 million). We received $5.9 million (AU$6.5 million) on May 23, 2014. The remaining purchase price of $42.3 million (AU$58.5 million) is due on December 31, 2017.

The agreement provides for mandatory pre-payments in the event that any of the land is sold by the buyer, any such prepayment being in an amount equal to the greater of (a) 90% of the net sales price or (b) the balance of the purchase price multiplied by a fraction the numerator of which is the square footage of property being sold by the buyer and the denominator of which is the original square footage of the property being sold to the buyer. The agreement does not provide for the payment of interest on the balance owed.

Our book value in the property is $37.7 million (AU$52.1 million) and while the transaction was treated as a current sale for tax purposes in 2014, it does not qualify as a sale under US GAAP until the receipt of the payment of the balance of the purchase price due on December 31, 2017 (or earlier depending upon whether any prepayment obligation is triggered). The asset is classified as land held for sale – current and land held for sale – non-current on the consolidated balance sheets as of December 31, 2016 and 2015, respectively.

Sale of Doheny Condo in Los Angeles

On February 25, 2015, we sold our Los Angeles Condo for $3.0 million resulting in a $2.8 million gain on sale.

Sale of Properties in Taupo, New Zealand

On April 1, 2015, we entered into two definitive purchase and sale agreements to sell our properties in Taupo, New Zealand for a combined sales price of $2.4 million (NZ$3.4 million). The first agreement relates to a property with a sales price of $1.6 million (NZ$2.2 million) and a book value of $1.3 million (NZ$1.8 million), which closed on April 30, 2015 when we received the sales price in full. The other agreement related to a property with a sales price of $831,000 (NZ$1.2 million) and a book value of $426,000 (NZ$615,000) which was completed and for which we received cash settlement representing the full sales price on March 31, 2016. The first transaction qualified as a sale under both U.S. GAAP and tax purposes during the year-ended December 31, 2015. The second transaction was recorded as a sale during the quarter ended March 31, 2016.

Sale of Landholding in Moonee Ponds, Australia

On October 15, 2013, we entered into a definitive purchase and sale agreement to sell this property for a sales price of $17.5 million (AU$23.0 million) payable in full upon closing of the transaction on April 16, 2015. In accordance with the requirements under US GAAP, we recognized a gain of $8.0 million (AU$10.3 million) in the second quarter of 2015 upon the receipt of sale proceeds on April 16, 2015.

Purchase of Property in Newmarket, Australia

On November 30, 2015, we completed the purchase of an approximately 23,000 square foot parcel adjacent to our existing Newmarket shopping center in Brisbane, Australia for a total consideration of $5.5 million (AU$7.6 million). The acquired land has an existing office building which was vacant at the time of purchase completion. We intend, over time, to integrate this property into our Newmarket development thereby increasing our footprint from approximately 204,000 to 227,000 square feet. The terms and circumstances of this acquisition were not considered to meet the definition of a business combination in accordance with US GAAP.

Purchase of Cannon Park ETCs in Queensland, Australia

On December 23, 2015, we completed a 100% acquisition of two adjoining ETCs in Townsville, Australia for a total of $24.1 million (AU$33.4 million) in cash. The properties are located approximately 6 miles from downtown Townsville, the fourth largest city in Queensland, Australia. The total gross leasable area of the two adjoining properties, the Cannon Park City Centre and the Cannon Park Discount Centre, is 133,000 square feet. The Cannon Park City Centre is anchored by Reading Cinemas, which is operated by Reading International’s 75% owned subsidiary, Australia Country Cinemas, and has three mini-major tenants and ten specialty family oriented restaurant tenants. The Cannon Park Discount Centre is anchored by Kingpin Bowling and supported by four other retailers. This acquisition is consistent with our business plan to own, where practical, the land underlying our entertainment assets.

The acquired assets consist primarily of the land and buildings, which, at the time of acquisition, was approximately 98% leased to existing tenants. Tenancies ranged from having 9 months to 8 years left to run on their leases at the time of purchase.

In our assessment, we have concluded the acquired assets constitute a “business” and hence, we accounted this as a business combination. During the quarter ended September 30, 2016, the Company finalized the allocation of the purchase price to the identifiable assets acquired and liabilities assumed based on its estimates of their fair values on the acquisition date. The acquired value components of this real estate acquisition included both tangible and intangible assets. The determination of the fair values of the acquired assets and assumed liabilities (and the related determination of estimated lives of depreciable tangible and identifiable intangible assets) requires significant judgment. The estimates and assumptions include projected timing and amount of future cash flows and discount rates reflecting the risk inherent in the future cash flows. Typical of a real estate acquisition, there was no goodwill recorded as the purchase price did not exceed the fair value estimates of the net acquired assets.

The following table summarizes the final allocation of the purchase price to the estimated fair values of assets acquired and liabilities assumed at the date of acquisition, as well as adjustments made during the measurement period:


					Measurement
	Preliminary Purchase Price				Period		Final Purchase Price
	Allocation				Adjustments(2)		Allocation
(Dollars in thousands)	US Dollars(1)		AU dollars		AU dollars		US Dollars(1)		AU dollars
Tangible Assets
Operating property:
Land	$	7,525	$	10,421	$	721	$	8,046	$	11,142
Building and improvements		16,588		22,971		(6,453)		11,928		16,518
Site improvements		--		--		2,321		1,676		2,321
Tenant improvements		--		--		957		691		957
Intangible Assets
Above-market leases		--		--		61		44		61
In-place leases		--		--		2,135		1,542		2,135
Unamortized leasing commissions		--		--		333		240		333
Unamortized legal fees		--		--		55		40		55
Total assets acquired		24,113		33,392		130		24,207		33,522
Liabilities
Below-market leases		--		--		(130)		(94)		(130)
Net assets acquired	$	24,113	$	33,392	$	--	$	24,113	$	33,392

(1) The balances were translated into U.S. Dollars based on the applicable exchange rate as of the date of acquisition, December 23, 2015.

(2) The measurement period adjustments were mainly due to the finalization of the valuations of the tangible land, building and improvements, site improvements and tenant improvements, as well as valuations of intangible assets and liabilities typically present in an acquisition of a regional mall with existing tenancies. This resulted in a reallocation of the purchase price from Building to other tangible assets (site and tenant improvements), as well as to intangible assets, including above and below market leases, in-place leases and unamortized lease origination costs.

The revenue and earnings from this acquisition, since the acquisition date as included in the consolidated statement of operations for the year ended December 31, 2015, were not significant. Based on the available information provided to us and after exhausting significant efforts to satisfy the pro-forma disclosure requirements assuming the business acquisition happened at the beginning of the year, the Company concluded it to be impracticable to determine and disclose the full-year pro forma combined revenue and earnings for 2015 and 2014.

Property And Equipment

12 Months Ended

Dec. 31, 2016

Property And Equipment [Abstract]

Property And Equipment

NOTE 5 – Property and Equipment

Operating Property, Net

Property associated with our operating activities is summarized as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Land	$	73,803	$	70,063
Building and improvements		122,863		126,622
Leasehold improvements		46,902		46,874
Fixtures and equipment		118,180		112,423
Construction-in-progress		11,517		7,825
Total cost		373,265		363,807
Less: accumulated depreciation		(161,379)		(153,509)
Operating property, net	$	211,886	$	210,298

Of our total operating properties as disclosed above, the gross and carrying amounts of the portion of our properties currently on lease or held for leasing as of December 31, 2016 are as follows:


(Dollars in thousands)	Gross		Accumulated Depreciation		Net Book Value
Building and improvements	$	33,879	$	9,982	$	23,897

Depreciation expense for operating property was $15.1 million, $13.6 million, and $14.4 million for the year ended December 31, 2016, 2015 and 2014, respectively.

Investment and Development Property

Investment and development property is summarized as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Land	$	24,616	$	21,434
Building		1,900		--
Construction-in-progress (including capitalized interest)		17,171		1,568
Investment and development property, net	$	43,687	$	23,002

For the year ended December 31, 2016, we capitalized interest charges of $297,000 pertaining to our on-going development projects.

Investments In Unconsolidated Joint Ventures

12 Months Ended

Dec. 31, 2016

Investments In Unconsolidated Joint Ventures [Abstract]

Investments In Unconsolidated Joint Ventures

NOTE 6 – Investments in Unconsolidated Joint Ventures

Investments in unconsolidated joint ventures are accounted for under the equity method of accounting, except for Rialto Distribution as described below. The table below summarizes our investments in unconsolidated joint ventures:


(Dollars in thousands)	Interest	December 31, 2016		December 31, 2015
Rialto Distribution	33.3%	$	--	$	--
Rialto Cinemas	50.0%		1,197		1,276
Mt. Gravatt	33.3%		3,874		4,094
Total investments		$	5,071	$	5,370

We recorded our share of equity earnings from our investments in unconsolidated joint ventures as follows:


(Dollars in thousands)	2016		2015		2014
Rialto Distribution	$	--	$	22	$	120
Rialto Cinemas		194		136		297
Mt. Gravatt		805		1,046		598
Total equity earnings	$	999	$	1,204	$	1,015

Rialto Distribution

Due to significant losses in years past, we determined that the goodwill associated with Rialto Distribution’s investment in the film distribution business was fully impaired. As a result of these losses, as of January 1, 2010, we treat our interest as a cost method interest in an unconsolidated joint venture, and record income based on the distributions we receive. We have also fully provided for any losses that may result from the bank guarantee that has been given on behalf of Rialto Distribution.

Rialto Cinemas

We own an undivided 50.0% interest in the assets and liabilities of the Rialto Entertainment joint venture that owns and operates two (2) movie theaters, with 13 screens in New Zealand.

Mt. Gravatt

We own an undivided 33.3% interest in Mt. Gravatt, an unincorporated joint venture that owns and operates a sixteen-screen multiplex cinema in Australia.

Malulani Investments, Limited

On June 26, 2006, we acquired for $1.8 million, an 18.4% interest in a private real estate company. On July 2, 2009, Magoon Acquisition and Development, LLC (“Magoon LLC”) and we entered into a settlement agreement (the “Settlement Terms”) with respect to a lawsuit against certain officers and directors of Malulani Investments, Limited (“MIL”). Under the Settlement Terms, Magoon LLC and we received $2.5 million in cash, a $6.8 million three-year 6.25% secured promissory note issued by The Malulani Group (“TMG”), and a ten-year “tail interest” in MIL and TMG in exchange for the transfer of all ownership interests in MIL and TMG held by both Magoon, LLC and RDI and for the release of all claims against the defendants in this matter. A gain on the transfer of our ownership interest in MIL of $268,000 was recognized during 2009 as a result of this transaction. The tail interest allows us to participate in certain distributions made or received by MIL, TMG, and in certain cases, the shareholders of TMG. The tail interest, however, continues only for a period of ten years and we cannot be assured that we will receive any distributions from this tail interest. During 2014, we received $191,000 in interest on the promissory note, and, on June 14, 2011, we received $6.8 million of principal and interest owed on this note. We believe that further amounts are owed under the note and we have begun litigation to collect such amounts. Any further collections will be recognized when received.

Goodwill And Intangible Assets

12 Months Ended

Dec. 31, 2016

Goodwill And Intangible Assets [Abstract]

Goodwill And Intangible Assets

NOTE 7 – Goodwill and Intangible Assets

The table below summarizes goodwill by business segment:


(Dollars in thousands)	Cinema		Real Estate		Total
Balance at January 1, 2015	$	16,057	$	5,224	$	21,281
Foreign currency translation adjustment		(1,566)		--		(1,566)
Balance at December 31, 2015	$	14,491	$	5,224	$	19,715
Foreign currency translation adjustment		113		--		113
Balance at December 31, 2016	$	14,604	$	5,224	$	19,828

The Company is required to test goodwill and other intangible assets for impairment on an annual basis and, if current events or circumstances require, on an interim basis. To test the impairment of goodwill, the Company compares the fair value of each reporting unit to its carrying amount, including the goodwill, to determine if there is potential goodwill impairment. A reporting unit is generally one level below the operating segment. The most recent annual assessment occurred in the fourth quarter of 2016. The assessment results indicated that there is no impairment to our goodwill as of December 31, 2016.

The tables below summarize intangible assets other than goodwill:


	December 31, 2016
(Dollars in thousands)	Beneficial Leases		Trade Name		Other Intangible Assets		Total
Gross carrying amount	$	28,671	$	7,254	$	1,084	$	37,009
Less: Accumulated amortization		(21,870)		(4,634)		(468)		(26,972)
Net intangible assets other than goodwill	$	6,801	$	2,620	$	616	$	10,037


	December 31, 2015
(Dollars in thousands)	Beneficial Leases		Trade Name		Other Intangible Assets		Total
Gross carrying amount	$	26,793	$	7,254	$	696	$	34,743
Less: Accumulated amortization		(20,108)		(4,300)		(446)		(24,854)
Net intangible assets other than goodwill	$	6,685	$	2,954	$	250	$	9,889

We amortize our beneficial leases over the lease period, the longest of which is approximately 30 years; our trade name using an accelerated amortization method over its estimated useful life of 45 years; and other intangible assets over its estimated useful life of up to 30 years (except for transferrable liquor licenses, which are indefinite-lived assets, with a balance of $389,000 as of December 31, 2016). For the years ended December 31, 2016, 2015, and 2014, our amortization expense was $1.9 million, $1.7 million, and $2.0 million, respectively.

As of December 31, 2016, the estimated amortization expense in the five succeeding years and thereafter is as follows:


(Dollars in thousands)	Estimated Future Amortization Expense
2017	$	1,751
2018		1,643
2019		1,171
2020		802
2021		802
Thereafter		3,479
Total future amortization expense	$	9,648

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

Prepaid And Other Assets

12 Months Ended

Dec. 31, 2016

Prepaid And Other Assets [Abstract]

Prepaid And Other Assets

NOTE 8 – Prepaid and Other Assets

Prepaid and other assets are summarized as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Prepaid and other current assets
Prepaid expenses	$	981	$	879
Prepaid taxes		1,622		1,023
Income taxes receivable		1,476		2,137
Prepaid rent		1,237		1,021
Deposits		404		369
Restricted cash		17		160
Investments in marketable securities		50		51
Total prepaid and other current assets	$	5,787	$	5,640
Other non-current assets
Recoverable asset(1)	$	9,480	$	--
Other non-cinema and non-rental real estate assets		1,134		1,134
Interest rate cap at fair value		1		1
Straight-line rent asset		2,457		2,417
Long-term deposits		39		63
Total non-current assets	$	13,111	$	3,615

(1)

Refer to Note 20 – Asset Impairment and Other Losses Recoverable through Insurance Claim for further discussion on this item.

Income Taxes

12 Months Ended

Dec. 31, 2016

Pension And Other Liabilities [Abstract]

Income Taxes

NOTE 9 - Income Taxes

Income before income taxes includes the following:


(Dollars in thousands)	2016		2015(1)		2014(1)
United States	$	(1,886)	$	3,826	$	3,271
Foreign		14,324		23,149		12,067
Income before income taxes and equity earnings of unconsolidated joint ventures	$	12,438	$	26,975	$	15,338
Equity earnings of unconsolidated joint ventures:
United States		--		--		--
Foreign		999		1,204		1,015
Income before income taxes	$	13,437	$	28,179	$	16,353

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Significant components of the provision for income taxes are as follows:


(Dollars in thousands)	2016		2015(1)		2014(1)
Current income tax expense
Federal	$	2,982	$	481	$	827
State		675		516		511
Foreign		4,685		3,120		1,251
Total		8,342		4,117		2,589
Deferred income tax expense (benefit)
Federal		(4,197)		612		(13,611)
State		(422)		(940)		(1,104)
Foreign		297		1,359		3,201
Total		(4,322)		1,031		(11,514)
Total income tax expense (benefit)	$	4,020	$	5,148	$	(8,925)

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Deferred income taxes reflect the “temporary differences” between the financial statement carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes, adjusted by the relevant tax rate. The components of the deferred tax assets and liabilities are as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015(1)
Deferred Tax Assets:
Net operating loss carry-forwards	$	11,940	$	13,286
Alternative minimum tax credit carry-forwards		1,690		540
Compensation and employee benefits		6,221		5,531
Deferred revenue		5,486		6,592
Accrued expenses		7,134		7,971
Accrued taxes		3,381		3,285
Land and property		12,857		11,264
Other		995		1,058
Total Deferred Tax Assets		49,704		49,527
Deferred Tax Liabilities:
Intangibles		(1,482)		(2,321)
Cancellation of indebtedness		(1,559)		(2,396)
Notes receivable		(7,403)		(8,696)
Total Deferred Tax Liabilities		(10,444)		(13,413)
Net deferred tax assets before valuation allowance		39,260		36,114
Valuation allowance		(10,593)		(11,530)
Net deferred tax asset	$	28,667	$	24,584

(1) December 31, 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes)

We record net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, projected future taxable income, tax planning strategies and recent financial performance. US GAAP presumes that a valuation allowance is required when there is substantial negative evidence about the realization of deferred tax assets, such as a pattern of comprehensive losses in recent years, coupled with facts that suggest such losses may continue. Because such negative evidence is available for our Puerto Rico, New Zealand and US state operations as of December 31, 2016, we recorded a valuation allowance of $10.6 million.

As of December 31, 2016, we had the following carry-forwards:

approximately $2.0 million in U.S. alternative minimum tax credit carry-forwards with no expiration date;

approximately $12.0 million in available New Zealand loss carry-forwards with no expiration date;

approximately $45.0 million in New York state loss carryforwards expiring in 2034; and,

approximately $40.0 million in New York city loss carryforwards expiring in 2034.

We disposed of our Puerto Rico operations during 2005 and plan no further investment in Puerto Rico for the foreseeable future. We have approximately $14.1 million in Puerto Rico loss carry-forwards expiring no later than 2017. No material future tax benefits from Puerto Rico loss carry-forwards can be recognized by the Company unless it re-enters the Puerto Rico market for which the Company has no current plans.

We expect no other substantial limitations on the future use of U.S. or foreign loss carry-forwards except as described above.

The provision for income taxes is different from amounts computed by applying U.S. statutory rates to consolidated losses before taxes. The significant reason for these differences is as follows:


(Dollars in thousands)	2016		2015(1)		2014(1)
Expected tax provision	$	4,566	$	9,581	$	5,739
Increase (decrease) in tax expense resulting from:
Foreign tax rate differential		(648)		(654)		1,252
Change in valuation allowance		129		1,531		(16,580)
Indefinite reinvestment assertion		--		(3,089)		--
State and local tax provision		307		1,133		461
State rate and law change		--		(3,635)		--
Prior year adjustments		(954)		(514)		--
Unrecognized tax benefits		262		946		700
Other		358		(151)		(497)
Actual tax provision (benefit)	$	4,020	$	5,148	$	(8,925)

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes)

The undistributed earnings of the Company's Australian subsidiaries are considered to be indefinitely reinvested. Accordingly, no provision for U.S. federal and state income taxes or foreign withholding taxes has been provided on such undistributed earnings. Determination of the potential amount of unrecognized deferred U.S. income tax liability and foreign withholding taxes is not practicable because of the complexities associated with a hypothetical calculation.

As part of current taxes payable, we have accrued $2.6 million in connection with federal and state liabilities arising from the “Tax Audit/Litigation” matter which has now been settled (see Note 12 – Commitments and Contingencies).

The following table is a summary of the activity related to unrecognized tax benefits, excluding interest and penalties, for the years ended December 31, 2016, 2015, and 2014:


(Dollars in thousands)	2016		2015		2014
Unrecognized tax benefits – gross beginning balance	$	11,022	$	3,760	$	2,160
Gross increases – prior period tax provisions		133		6,679		1,600
Gross increases – current period tax positions		325		583		--
Unrecognized tax benefits – gross ending balance	$	11,480	$	11,022	$	3,760

As of December 31, 2016 and 2015, if recognized, $10.0 million and $9.4 million respectively, of the unrecognized tax benefits would impact Reading International’s effective tax rate.

We record interest and penalties related to income tax matters as part of income tax expense. During the year ended December 31, 2015, we recorded an increase to tax interest of $0.5 million, resulting in a total $5.9 million in interest. During the year ended December 31, 2016, we recorded an increase to tax interest of $0.4 million, resulting in a total $6.3 million in interest.

It is difficult to predict the timing and resolution of uncertain tax positions. Based upon the Company’s assessment of many factors, including past experience and judgments about future events, it is probable that within the next 12 months the reserve for uncertain tax positions will increase within a range of $500,000 to $1.5 million. The reasons for such change include but are not limited to tax positions expected to be taken during 2016, revaluation of current uncertain tax positions, and expiring statutes of limitations.

Generally, changes to our federal and most state income tax returns for the calendar year 2012 and earlier are barred by statutes of limitations. Certain U.S. subsidiaries filed federal and state tax returns for periods before these entities became consolidated with us. These subsidiaries were examined by IRS for the years 1996 to 1999 and significant tax deficiencies were assessed for those years. Those deficiencies have been settled, as discussed in “Tax Audit/Litigation,” Note 12 – Commitments and Contingencies. New Zealand tax returns for the Reading New Zealand tax consolidated group for 2009 and later are under examination as of December 31, 2015. The income tax returns filed in Australia and Puerto Rico for calendar year 2011 and afterward generally remain open for examination as of December 31, 2016.

Debt

12 Months Ended

Dec. 31, 2016

Debt [Abstract]

Debt

NOTE 10 - Debt

The Company’s borrowings at December 31, 2016 and 2015, net of deferred financing costs and incorporating the impact of interest rate swaps on our effective interest rates, are summarized below:


		As of December 31, 2016
(Dollars in thousands)		Maturity Date	Contractual Facility		Balance, Gross		Balance, Net(3)		Stated Interest Rate	Effective Interest Rate (1)
Denominated in USD
	Trust Preferred Securities (USA)	April 30, 2027	$	27,913	$	27,913	$	27,340	4.89%	5.20%
	Bank of America Credit Facility (USA)	November 28, 2019		55,000		39,950		39,759	3.27%	3.90%
	Bank of America Line of Credit (USA)	October 31, 2019		5,000		--		--	3.77%	3.77%
	Cinema 1, 2, 3 Term Loan (USA)(4)	September 1, 2019		20,000		19,901		19,356	3.25%	3.25%
	Minetta & Orpheum Theatres Loan (USA)(4)	June 1, 2018		7,500		7,500		7,398	3.38%	3.38%
	U.S. Corporate Office Term Loan (USA)(4)	January 1, 2027		8,363		8,363		8,239	4.64%	4.64%
	Union Square Construction Financing (USA)(5)	December 29, 2019		57,500		8,000		4,751	4.52%	4.52%
Denominated in foreign currency ("FC")(2)
	NAB Corporate Loan Facility (AU)	June 30, 2019		48,080		28,558		28,421	2.64%	2.64%
	Westpac Bank Corporate Credit Facility (NZ)	March 31, 2018		36,877		8,350		8,350	3.80%	3.80%
Total			$	266,233	$	148,535	$	143,614

(1) Effective interest rate includes the impact of interest rate derivatives hedging the interest rate risk associated with Trust Preferred Securities and Bank of America Credit Facility that were outstanding as of December 31, 2016.

(2) The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2016.

(3) Net of deferred financing costs amounting to $4.9 million.

(4) The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. The term loan for our Cinema 1,2,3 Theatre, which was previously provided by Santander Bank, was refinanced during the third quarter of 2016 with Valley National Bank. The new term loan, which is collateralized by our new U.S Corporate Headquarters office building purchased in April 2016, was obtained with Citizens Asset Finance, Inc. during the fourth quarter of 2016. Refer below for further discussions on these new loan arrangements.

(5) In December 2016, we successfully negotiated the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million to repay the existing line of credit with East West Bank, which was originally scheduled to mature on July 2, 2017. Refer below for further discussions on this construction financing.


		As of December 31, 2015
(Dollars in thousands)		Maturity Date	Contractual Facility		Balance, Gross		Balance, Net(3)		Stated Interest Rate	Effective Interest Rate (1)
Denominated in USD
	Trust Preferred Securities (USA)	April 30, 2027	$	27,913	$	27,913	$	27,125	4.32%	5.20%
	Bank of America Credit Facility (USA)	November 28, 2019		55,000		29,750		29,321	2.92%	3.65%
	Bank of America Line of Credit (USA)	October 31, 2017		5,000		2,500		2,500	3.42%	3.42%
	Cinema 1, 2, 3 Term Loan (USA)(4)	July 1, 2016		15,000		15,000		14,887	3.75%	3.75%
	Cinema 1, 2, 3 Line of Credit (USA)(4)	July 1, 2016		6,000		--		--	3.75%	3.75%
	Minetta & Orpheum Theatres Loan (USA)(4)	June 1, 2018		7,500		7,500		7,326	3.00%	3.00%
	Union Square Line of Credit (USA)(4)	July 2, 2017		8,000		8,000		7,858	3.65%	3.65%
Denominated in FC (2)
	NAB Corporate Loan Facility (AU)	June 30, 2019		48,452		26,594		26,412	3.06%	3.06%
	Westpac Bank Corporate Credit Facility (NZ)	March 31, 2018		34,210		13,684		13,684	4.45%	4.45%
Total			$	207,075	$	130,941	$	129,113

(2) The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollar based on the applicable exchange rates as of December 31, 2015.

(3) The balance as of December 31, 2015 included the reclassification adjustment relating to netting of deferred financing costs amounting to $1.8 million, as discussed in Note 2 – Summary of Significant Accounting Policies – Recently Adopted and Issued Accounting Pronouncements.

(4) In 2015, the loans for our Cinema 1,2,3 and Minetta & Orpheum Theatres were obtained from Bank of Santander, while the Union Square line of credit was obtained through East West Bank.

Our loan arrangements are presented, net of the deferred financing costs, on the face of our consolidated balance sheet as follows:


	Dollars in thousands
Balance Sheet Caption	December 31, 2016		December 31, 2015
Debt - current portion	$	567	$	14,887
Debt - long-term portion		115,707		87,101
Subordinated debt		27,340		27,125
Total borrowings	$	143,614	$	129,113

Debt denominated in USD

Trust Preferred Securities (“TPS”)

On February 5, 2007, we issued $51.5 million in 20-year fully subordinated notes to a trust over which we have significant influence, which in turn issued $51.5 million in securities. Of the $51.5 million, $50.0 million in TPS were issued to unrelated investors in a private placement and $1.5 million of common trust securities were issued by the trust to Reading called “Investment in Reading International Trust I” on our balance sheets. Effective May 1, 2012, the interest rate on our Trust Preferred Securities changed from a fixed rate of 9.22%, which was in effect for five years, to a variable rate of three month LIBOR plus 4.00%, which will reset each quarter through the end of the loan unless we exercise our right to re-fix the rate at the current market rate at that time. Effective October 28, 2013, we entered into a fixed interest rate swap of $27.9 million at 1.20% plus the 4.00% margin, expiring on October 31, 2017, see Note 16 – Derivative Instruments. There are no principal payments due until maturity in 2027 when the notes and the trust securities are scheduled to be paid in full. We may pay off the debt after the first five years at 100% of the principal amount without any penalty. The trust is essentially a pass through, and the transaction is accounted for on our books as the issuance of fully subordinated notes. The credit facility includes a number of affirmative and negative covenants designed to monitor our ability to service the debt. The most restrictive covenant of the facility requires that we must maintain a fixed charge coverage ratio at a certain level. However, on December 31, 2008, we secured a waiver of all financial covenants with respect to our TPS for a period of nine years (through December 31, 2017), in consideration of the payment of $1.6 million, consisting of an initial payment of $1.1 million, a payment of $270,000 made in December 2011, and a payment of $270,000 in December 2014.

During the first quarter of 2009, we took advantage of the then current market illiquidity for securities such as our TPS to repurchase $22.9 million in face value of those securities through an exchange of $11.5 million worth of marketable securities purchased during the period for the express purpose of executing this exchange transaction with the third party holder of these TPS. During the twelve months ended 2009, we amortized $106,000 of discount to interest income associated with the holding of these securities prior to their extinguishment. On April 30, 2009, we extinguished $22.9 million of these TPS, which resulted in a gain on retirement of subordinated debt (TPS) of $10.7 million net of loss on the associated write-off of deferred loan costs of $749,000 and a reduction in our Investment in Reading International Trust I from $1.5 million to $838,000.

During the three years ended December 31, 2016, 2015, we paid $1.4 million each year in preferred dividends to unrelated investors that are included in interest expense. At December 31, 2016 and 2015, we had preferred dividends payable of $184,000 and $198,000, respectively. Interest payments for this loan are required every three months.

Bank of America Credit Facility

On March 3, 2016, we amended our $55.0 million credit facility with Bank of America to permit real property acquisition loans. This amendment was subject to the provision that the consolidated leverage ratio would be reduced by 0.25% from the established levels in the credit facility during the period of such borrowing subject further to a repayment of such borrowings on the earlier of the eighteen months from the date of such borrowing or the maturity date of the credit agreement. Such modification was not considered substantial under US GAAP.

Prior to the above amendment, in November 2014, it was refinanced from $35.0 million to $55.0 million, bearing an interest rate of LIBOR plus an applicable margin rate (ranging from 3.0% to 2.5%) adjusted quarterly and maturing on November 28, 2019.

Bank of America Line of Credit

In October 2012, Bank of America renewed and increased our existing $3.0 million line of credit (“LOC”) to $5.0 million. The LOC bears an interest rate of 3.0% above LIBOR plus a 0.03% unused line fee and will mature on October 31, 2017. In October 2016, the term of this line of credit was extended for another two (2) years until October 31, 2019. Such modification was not considered to be substantial under US GAAP.

Cinemas 1,2,3 Term Loan and Line of Credit

On August 31, 2016, Sutton Hill Properties LLC (“SHP”), a 75% subsidiary of RDI, refinanced its $15 million Santander Bank term loan with a new lender, Valley National Bank. This new $20 million loan is collateralized by our Cinema 1,2,3 property and bears an interest rate of 3.25% per annum, with principal installments and accruing interest paid monthly. The new loan matures on September 1, 2019, with a one-time option to extend maturity date for another year.

Prior to the above refinancing, on June 27, 2016, SHP obtained approval from Santander Bank to extend the maturity of our $15 million mortgage term loan from July 1, 2016 to October 1, 2016. This term extension was not considered substantial under US GAAP. This term loan was subsequently paid prior to its extended maturity date on August 31, 2016 as a result of the refinancing discussed in the previous paragraph. In conjunction with the extension, our LOC with Santander Bank amounting to $6.0 million was deactivated effective July 1, 2016. The Company did not make any drawdown against this LOC.

Minetta and Orpheum Theatres Term Loan

In May 2013, we refinanced our Liberty Theaters loan with a $7.5 million loan, secured by our Minetta and Orpheum theatres, thus releasing the Royal George Theatre from the security and leaving it unencumbered. This new loan has a maturity date of June 1, 2018, and an interest rate of 2.75% above LIBOR. We have an interest rate cap in place to limit the interest rate on the debt at 4.0%. See Note 16 – Derivative Instruments.

Union Square Construction Financing

On December 29, 2016, we closed our new construction finance facilities totaling $57.5 million to fund the non-equity portion of the anticipated construction costs of the redevelopment of our property at 44 Union Square in New York City. The combined facilities consist of $50 million in aggregate loans (comprised of three loan tranches) from Bank of the Ozarks (“BOTO”), and a $7.5 million mezzanine loan from Tammany Mezz Investor, LLC, an affiliate of Fisher Brothers. As of December 31, 2016, BOTO advanced $8.0 million to repay the existing $8.0 million loan with East West Bank.

Presented in the table below is the breakdown of the Union Square construction financing as of December 31, 2016:


(Dollars in thousands)		Facility Limits and Advances
Financing Component	Lender	Facility Limit		Advanced-to- Date		Remaining Facility		Interest Rate(1)	Maturity Date(2)
Mezzanine loan	Tammany Mezz Investor LLC	$	7,500	$	--	$	7,500	Greater of (i) 10.50% and (ii) Adjusted LIBOR + 10%	December 29, 2019
Senior loan	Bank of the Ozarks		8,000		8,000		--	Greater of (i) 4.75% and (ii) Adjusted LIBOR + 4.25%	December 29, 2019
Building loan	Bank of the Ozarks		31,130		--		31,130	Greater of (i) 4.75% and (ii) Adjusted LIBOR + 4.25%	December 29, 2019
Project loan	Bank of the Ozarks		10,870		--		10,870	Greater of (i) 4.75% and (ii) Adjusted LIBOR + 4.25%	December 29, 2019
Total Union Square Financing		$	57,500	$	8,000	$	49,500

(1) Not to exceed the New York State maximum lawful borrowing rate, which typically is 16%.

(2) Allowable for up to two (2) extension request options, one (1) year for each extension request.

Prior to the above transaction, on June 2, 2015, we replaced our Union Square term loan with an $8.0 million "non-revolving" LOC with East West Bank, collateralized by our Union Square property. This LOC had an interest rate of 2.95% above the 90-day LIBOR.

U.S. Corporate Office Term Loan

On December 13, 2016, we have obtained a ten-year $8.4 million mortgage loan on our new Los Angeles Corporate Headquarters at a fixed annual interest rate of 4.64%.

Debt denominated in foreign currencies

Australian NAB Corporate Loan Facility

On December 23, 2015, we amended our Reading Entertainment Australia Term Loan and Corporate Credit Facility with National Australia Bank (“NAB”), from a three-tiered facility comprised of (1) the Bank Bill Discount Facility with a limit of AU$61.3 million, an interest rate of 2.35% above the BBSY, and amortization at AU$2.0 million per year; (2) the Bill Discount Facility – Revolving with a limit of AU$10.0 million and an interest rate of 1.50% above the BBSY on any undrawn portion; and (3) the Bank Guarantee Facility with a facility limit of AU$5.0 million, into a $48.1 million (AU$66.5 million) Revolving Corporate Markets Loan facility. The new facility has an interest rate of 0.95% above BBSY on any outstanding borrowings and an unchanged maturity date of June 30, 2019. In addition, we will incur a facility fee of 0.95% per annum. We also have a $3.6 million (AU$5.0 million) Bank Guarantee facility at a rate of 1.90% per annum. The modifications of this particular term loan were not considered to be substantial under US GAAP.

New Zealand Westpac Bank Corporate Credit Facility

In October 2016, we amended our $34.8 million (NZ$50.0 million) credit facility with Westpac Bank to provide a $2.1 million (NZ$3.0 million) increase, thereby amending the total credit facility to $36.9 million (NZ$53.0 million). The increase in the credit facility was specific to the second tranche of our credit facility which is a dedicated construction facility, now of $12.5 million (NZ$18.0 million) from the original limit of $10.4 million (NZ$15.0 million). No drawdowns have been made against the second tranche to date. This modification was not considered substantial under U.S. GAAP.

Previously, on May 21, 2015, we refinanced our existing New Zealand Corporate Credit Facility with a $34.2 million (NZ$50.0 million) facility with the same bank (Westpac Bank), bearing an interest rate of 1.75% above Bank Bill Bid Rate and maturing on March 31, 2018. The facility is broken into two tranches, one a $23.9 million (NZ$35.0 million) credit facility and the second tranche for a $10.3 million (NZ$15.0 million) facility to be used for construction funding.

As of December 31, 2016, our aggregate amount of future principal debt payments is estimated as follows:


(Dollars in thousands)	Future Principal Debt Payments
2017	$	567
2018		16,453
2019		95,793
2020		208
2021		218
Thereafter		35,296
Total future principal debt payments	$	148,535

The estimated amount of future principal payments in U.S. dollars is subject to change because the payments in U.S. dollars on the debt denominated in foreign currencies, which represents a significant portion of our total outstanding debt balance, will fluctuate based on the applicable foreign currency exchange rates.

Pension And Other Liabilities

12 Months Ended

Dec. 31, 2016

Pension And Other Liabilities

NOTE 11 – Pension and Other Liabilities

Other liabilities including pension are summarized as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Current liabilities
Liability for demolition costs(1)	$	5,914	$	--
Lease liability(2)		5,900		5,900
Accrued pension(3)		2,223		1,539
Security deposit payable		77		180
Other		17		21
Other current liabilities	$	14,131	$	7,640
Other liabilities
Straight-line rent liability	$	12,413	$	10,823
Accrued pension(3)		5,732		6,236
Lease make-good provision		5,146		5,228
Environmental reserve		1,656		1,656
Interest rate swap		58		156
Deferred Revenue - Real Estate		4,398		4,596
Acquired leases		267		866
Other		495		501
Other liabilities	$	30,165	$	30,062

(1) Refer to Note 20 – Asset Impairment and Other Losses Recoverable through Insurance Claim for details on the estimation of the demolition costs for our Courtenay Central parking structure.

(2) Represents the lease liability of the option associated with the ground lease purchase of the Village East Cinema. See below for more information.

(3) Represents the pension liability associated with the Supplemental Executive Retirement Plan explained below.

Lease Liability - Village East Purchase Option

Our Village East lease is a sub-lease of the ground underlying the cinema that is subject to a longer-term ground lease between SHC and an unrelated third party that expires June 1, 2031 (the “cinema ground lease”). Our Village East lease includes a call option pursuant to which we may purchase the cinema ground lease for $5.9 million at the end of the lease term. Additionally, our lease has a put option pursuant to which SHC may require our Company to purchase all or a portion of SHC’s interest in the existing cinema lease and the cinema ground lease at any time between July 1, 2013 and December 4, 2019. SHC’s put option may be exercised on one or more occasions in increments of not less than $100,000 each. Because our late Chairman, Chief Executive Officer, and controlling shareholder, Mr. James J. Cotter, Sr. was also the managing member of SHC, RDI and SHC are considered entities under common control. As a result, we have recorded the Village East Cinema building as a property asset of $4.7 million on our balance sheet based on the cost carry-over basis from an entity under common control with a corresponding lease liability of $5.9 million presented under other liabilities which accreted up to the $5.9 million liability through July 1, 2013 (see Note 19 – Related Party Transactions). As the put option has been exercisable by SHC since July 1, 2013, the lease liability has been classified as part of other current liabilities.

Pension Liability - Supplemental Executive Retirement Plan

On August 29, 2014, the Supplemental Executive Retirement Plan (“SERP”) that was effective since March 1, 2007, was ended and replaced with a new pension annuity. As a result of the termination of the SERP program, the accrued pension liability of $7.6 million was reversed and replaced with a new pension annuity liability of $7.5 million. The valuation of the liability is based on the present value of $10.2 million discounted at 4.25% over a 15-year term, resulting in a monthly payment of $56,944 payable to the estate of Mr. James J. Cotter, Sr. The discount rate of 4.25% has been applied since 2014 to determine the net periodic benefit cost and plan benefit obligation and is expected to be used in future years. The discounted value of $2.7 million (which is the difference between the estimated payout of $10.2 million and the present value of $7.5 million) will be amortized and expensed based on the 15-year term. In addition, the accumulated actuarial loss of $3.1 million recorded, as part of other comprehensive income, will also be amortized based on the 15-year term.

As a result of the above, included in our other current and non-current liabilities are accrued pension costs of $8.0 million and $7.8 million as of December 31, 2016 and 2015, respectively. The benefits of our pension plans are fully vested and therefore no service costs were recognized 2016 and 2015. Our pension plans are unfunded.

The change in the SERP pension benefit obligation and the funded status are as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Benefit obligation at January 1	$	7,775	$	7,595
Interest cost		180		180
Actuarial gain		--		--
Benefit obligation at December 31	$	7,955	$	7,775
Funded status at December 31	$	(7,955)	$	(7,775)

Amounts recognized in the balance sheet consists of:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Current liabilities	$	2,223	$	1,539
Other liabilities - Non current		5,732		6,236
Total pension liability	$	7,955	$	7,775

The components of the net periodic benefit cost and other amounts recognized in other comprehensive income are as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Net periodic benefit cost
Interest cost	$	180	$	180
Amortization of prior service costs		--		--
Amortization of net actuarial gain		129		207
Net periodic benefit cost	$	309	$	387
Items recognized in other comprehensive income
Net loss	$	--	$	--
Amortization of prior service cost		--		--
Amortization of net loss		(129)		(207)
Total recognized in other comprehensive income	$	(129)	$	(207)
Total recognized in net periodic benefit cost and other comprehensive income	$	180	$	180

Items not yet recognized as a component of net periodic pension cost consist of the following:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Unamortized actuarial loss	$	2,719	$	2,848
Accumulated other comprehensive loss	$	2,719	$	2,848

The estimated unamortized actuarial loss for the defined benefit pension plan that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the next fiscal year will be $207,000 (gross of any tax effects).

The following table presents estimated future benefit payments for the next five years and thereafter as of December 31, 2016:


(Dollars in thousands)	Estimated Future Pension Payments
2017	$	2,223
2018		684
2019		684
2020		684
2021		684
Thereafter		2,996
Total pension payments	$	7,955

Lease Make-Good Provision

We recognize obligations for future leasehold restoration costs relating to properties that we use mostly on our cinema operations under operating lease arrangements. Each lease is unique to the negotiated conditions with the lessor, but in general most leases require for the removal of cinema-related assets and improvements. There are no assets specifically restricted to settle this obligation.

A reconciliation of the beginning and ending carrying amounts of the lease make-good provision is presented in the following table:


(Dollars in thousands)	As of and for the year ended December 31, 2016		As of and for the year ended December 31, 2015
Lease make-good provision, at January 1	$	5,228	$	4,385
Liabilities incurred during the year		35		1,314
Liabilities settled during the year		(365)		(381)
Accretion expense		262		212
Effect of changes in foreign currency		(14)		(302)
Lease make-good provision, at December 31	$	5,146	$	5,228

Commitments And Contingencies

12 Months Ended

Dec. 31, 2016

Commitments And Contingencies [Abstract]

Commitments And Contingencies

NOTE 12 - Commitments and Contingencies

Contingencies arising from Earthquake Damage

Please refer to Note 20 – Asset Impairment and Other Losses Recoverable Through Insurance Claim.

Lease Commitments

The Company has entered into various leases for our cinema exhibition segment. We also lease office space and equipment under non-cancelable operating leases. As of December 31, 2016, the remaining terms of these leases, inclusive of renewal options, range from 1 to 35 years. All of our leases are accounted for as operating leases and we do not have any capital leases as of December 31, 2016.

We determine the annual base rent expense of our cinemas by amortizing total minimum lease obligations on a straight-line basis over the lease terms. Certain of our cinema leases provide for both base and in addition contingent rentals based upon a specified percentage of cinema revenue with a guaranteed minimum. Substantially all of our leases require the payment of property taxes, insurance, and other costs applicable to the property. The base rent and contingent rental expenses are summarized as follows:


(Dollars in thousands)	2016		2015		2014
Base rent expense	$	29,824	$	30,565	$	30,914
Contingent rental expense		1,484		1,848		1,223
Total cinema rent expense	$	31,308	$	32,413	$	32,137

Future minimum lease payments by year and, in the aggregate, under non-cancelable operating leases consisted of the following:


	Minimum Lease Payments at December 31, 2016
(Dollars in thousands)	Ground Lease		Premises Lease		Equipment Lease		Total
2017	$	3,621	$	25,049	$	2,665	$	31,335
2018		3,629		23,519		--		27,148
2019		3,691		21,085		--		24,776
2020		1,419		16,717		--		18,136
2021		1,357		12,991		--		14,348
Thereafter		9,981		116,696		--		126,677
Total	$	23,698	$	216,057	$	2,665	$	242,420

We expect the amount of minimum lease payments will fluctuate depending on the foreign currency exchange rates of the Australian dollar to the U.S. dollar and the New Zealand dollar to the U.S. dollar, mainly because a significant portion of our cinema exhibition business is conducted in Australia and New Zealand. See Note 19 – Related Party Transactions for the amount of leases associated with any related party leases.

Debt Guarantee

The total estimated debt of unconsolidated joint ventures and entities, consisting solely of Rialto Distribution (see Note 6 – Investments in Unconsolidated Joint Ventures), was $1.0 million (NZ$1.5 million) as of December 31, 2016 and December 31, 2015. Our share of the unconsolidated debt, based on our ownership percentage, was NZ$500,000 as of December 31, 2016 and 2015. This debt is guaranteed by one of our subsidiaries to the extent of our ownership percentage. Based on the financial position of Rialto Distribution and in consideration of this debt guarantee, we accrued $348,000 (NZ$500,000) and $342,000 (NZ$500,000) as of December 31, 2016 and 2015, respectively, recorded as part of Accounts payable and accrued liabilities.

Litigation Matters

We are currently involved in certain legal proceedings and, as required, have accrued estimates of probable and estimable losses for the resolution of these claims.

Where we are the plaintiffs, we expense all legal fees on an on-going basis and make no provision for any potential settlement amounts until received. In Australia, the prevailing party is usually entitled to recover its attorneys’ fees, which recoveries typically work out to be approximately 60% of the amounts actually spent where first-class legal counsel is engaged at customary rates. Where we are a plaintiff, we have likewise made no provision for the liability for the defendant’s attorneys' fees in the event we are determined not to be the prevailing party.

Where we are the defendants, we accrue for probable damages that insurance may not cover as they become known and can be reasonably estimated. In our opinion, any claims and litigation in which we are currently involved are not reasonably likely to have a material adverse effect on our business, results of operations, financial position, or liquidity. It is possible, however, that future results of the operations for any particular quarterly or annual period could be materially affected by the ultimate outcome of the legal proceedings. From time-to-time, we are involved with claims and lawsuits arising in the ordinary course of our business that may include contractual obligations, insurance claims, tax claims, employment matters, and anti-trust issues, among other matters.

All of these matters require that we make judgments based on the facts known to us. These judgments are inherently uncertain and can change significantly when additional facts become known. We provide accruals for matters that have probable likelihood of occurrence and can be properly estimated as to their expected negative outcome. We do not record expected gains until the proceeds are received by us. However, we typically make no accruals for potential costs of defense, as such amounts are inherently uncertain and dependent upon the scope, extent and aggressiveness of the activities of the applicable plaintiff.

Tax Audit/Litigation

The Internal Revenue Service (the “IRS”) examined the tax return of Craig Corporation (“CRG”) for its tax year ended June 30, 1997. CRG was a stand-alone entity in the year of audit but is now a wholly-owned subsidiary of the Company. In Tax Court, CRG and the IRS agreed to compromise the claims made by the IRS against CRG, and the court order was entered on January 6, 2011. As of December 31, 2016, the remaining federal tax obligation was $2.6 million. For additional information, see Note 9 – Income Taxes.

Environmental and Asbestos Claims

Certain of our subsidiaries were historically involved in railroad operations, coal mining, and manufacturing. Also, certain of these subsidiaries appear in the chain-of-title of properties that may suffer from pollution. Accordingly, certain of these subsidiaries have, from time-to-time, been named in and may in the future be named in various actions brought under applicable environmental laws. Also, we are in the real estate development business and may encounter from time-to-time unanticipated environmental conditions at properties that we have acquired for development. These environmental conditions can increase the cost of such projects and adversely affect the value and potential for profit of such projects. We do not currently believe that our exposure under applicable environmental laws is material in amount.

From time-to-time, we have claims brought against us relating to the exposure of former employees of our railroad operations to asbestos and coal dust. These are generally covered by an insurance settlement reached in September 1990 with our insurance carriers. However, this insurance settlement does not cover litigation by people who were not our employees and who may claim second-hand exposure to asbestos, coal dust and/or other chemicals or elements now recognized as potentially causing cancer in humans. Our known exposure to these types of claims, asserted or probable of being asserted, is not material.

Derivative Litigation and James J. Cotter, Jr. Employment Arbitration

On June 12, 2015, the Board of Directors terminated James J. Cotter, Jr. as the President and Chief Executive Officer of our Company. That same day, Mr. Cotter, Jr. filed a lawsuit, styled as both an individual and a derivative action, and titled “James J. Cotter, Jr., individually and derivatively on behalf of Reading International, Inc. vs. Margaret Cotter, et al.” Case No,: A-15-719860-V, Dept XI, against our Company and each of our then sitting Directors (Ellen Cotter, Margaret Cotter, Guy Adams, William Gould, Edward Kane, Douglas McEachern, and Tim Storey) in the Eighth Judicial District Court of the State of Nevada for Clark County (the “Nevada District Court”). Since that date, our Company has been engaged in ongoing litigation with Mr. Cotter, Jr. with respect to his claims against our Directors. Mr. Cotter, Jr. has over this period of time twice amended his complaint, removing his individual claims and withdrawing his claims against Tim Storey (but reserving the right to reinstitute such claims), adding claims relating to actions taken by our Board since the filing of his original complaint and adding as defendants two of our directors who were not on our Board at the time of his termination: Judy Codding and Michael Wrotniak. Mr. Cotter, Jr.’s lawsuit, as amended from time to time, is referred to herein as the “Cotter Jr. Derivative Action” and his complaint, as amended from time to time, is referred to herein as the “Cotter Jr. Derivative Complaint.” The defendant directors named in the Cotter Jr. Derivative Complaint, from time to time, are referred to herein as the “Defendant Directors.”

The Cotter Jr. Derivative Complaint alleges among other things, that the Defendant Directors breached their fiduciary duties to the Company by terminating Mr. Cotter, Jr. as President and Chief Executive Officer, continuing to make use of the Executive Committee that has been in place for more than the past ten years (but which no longer includes Mr. Cotter, Jr. as a member), making allegedly potentially misleading statements in our Company’s press releases and filings with the Securities and Exchange Commission (the “SEC”), paying certain compensation to Ellen Cotter, allowing the Cotter Estate to make use of Class A Common Stock to pay for the exercise of certain long outstanding stock options to acquire 100,000 shares of Class B Common Stock held of record by the Cotter Estate and determined by the Nevada District Court to be assets of the Cotter Estate, and allowing Ellen Cotter and Margaret Cotter to vote the 100,000 shares of Class B Common Stock issued upon the exercise of such options, appointing Ellen Cotter as President and Chief Executive Officer, appointing Margaret Cotter as Executive Vice President, and the way in which the Board handled of an unsolicited indication of interest made by a third party to acquire all of the stock of our Company. In the lawsuit, Mr. Cotter, Jr. seeks reinstatement as President and CEO, a declaration that Ellen Cotter and Margaret Cotter may not vote the above referenced 100,000 shares of Class B Stock, and alleges as damages fluctuations in the price for our Company’s shares after the announcement of his termination as President and CEO and certain unspecified damages to our Company’s reputation.

In addition, our Company is in arbitration with Mr. Cotter, Jr. (Reading International, Inc. v. James J. Cotter, AAA Case No. 01-15-0004-2384, filed July 2015)( the “Cotter Jr. Employment Arbitration”) seeking declaratory relief and defending claims asserted by Mr. Cotter, Jr.. On January 20, 2017, Mr. Cotter Jr. filed a First Amended Counter-Complaint which includes claims of breach of contract, contractual indemnification, retaliation, wrongful termination in violation of California Labor Code Section 1102.5, wrongful discharge, and violations of California Code of Procedure Section 1060 based on allegations of unlawful and unfair conduct. Mr. Cotter, Jr. seeks compensatory damages estimated by his counsel at more than $1.2 million, plus unquantified special and punitive damages, penalties, interest and attorney’s fees.

Mr. Cotter, Jr. also brought a direct action in the Nevada District Court (James J. Cotter, Jr. v. Reading International, Inc, a Nevada corporation; Does 1-100 and Roe Entities, 1-100, inclusive, Case No. A-16-735305-B) seeking advancement of attorney’s fees incurred in the Cotter Jr. Employment Arbitration. Summary judgment was been entered against Mr. Cotter, Jr. with respect to that direct action on October 3, 2016.

For a period of approximately 12 months, between August 6, 2015 and August 4, 2016, our Company and our directors other than Mr. Cotter, Jr. were subject to a derivative lawsuit filed in the Nevada District Court captioned T2 Partners Management, LP, a Delaware limited partnership, doing business as Kase Capital Management; T2 Accredited Fund, LP, a Delaware limited partnership, doing business as Kase Fund; T2 Qualified Fund, LP, a Delaware limited partnership, doing business as Kase Qualified Fund; Tilson Offshore Fund, Ltd, a Cayman Islands exempted company; T2 Partners Management I, LLC, a Delaware limited liability company, doing business as Kase Management; T2 Partners Management Group, LLC, a Delaware limited liability company, doing business as Kase Group; JMG Capital Management, LLC, a Delaware limited liability company, Pacific Capital Management, LLC, a Delaware limited liability company (the “T2 Plaintiffs), derivatively on behalf of Reading International, Inc. vs. Margaret Cotter, Ellen Cotter, Guy Adams, Edward Kane, Douglas McEachern, Timothy Storey, William Gould and Does 1 through 100, inclusive, as defendants, and, Reading International, Inc., a Nevada corporation, as Nominal Defendant. That complaint was subsequently amended (as amended the “T2 Derivative Complaint”) to add as defendants Directors Judy Codding and Michael Wrotniak (collectively with the directors initially named the “T2 Defendant Directors”) and S. Craig Tompkins, our Company’s legal counsel (collectively with the T2 Defendant Directors, the “T2 Defendants”). The T2 Derivative Action was settled pursuant to a Settlement Agreement between the parties dated August 4, 2016, which as modified was approved by the Nevada District Court on October 6, 2016. The District Court’s Order provided for the dismissal with prejudice of all claims contained in the T2 Plaintiffs’ First Amended Complaint and provide that each side would be responsible for its own attorneys’ fees.

In the joint press release issued by our Company and the T2 Plaintiffs on July 13, 2016, representatives of the T2 Plaintiffs stated as follows: "We are pleased with the conclusions reached by our investigations as Plaintiff Stockholders and now firmly believe that the Reading Board of Directors has and will continue to protect stockholder interests and will continue to work to maximize shareholder value over the long-term. We appreciate the Company's willingness to engage in open dialogue and are excited about the Company's prospects. Our questions about the termination of James Cotter, Jr., and various transactions between Reading and members of the Cotter family-or entities they control-have been definitively addressed and put to rest. We are impressed by measures the Reading Board has made over the past year to further strengthen corporate governance. We fully support the Reading Board and management team and their strategy to create stockholder value.”

The T2 Plaintiffs alleged in their T2 Derivative Complaint various violations of fiduciary duty, abuse of control, gross mismanagement and corporate waste by the T2 Defendant Directors. More specifically the T2 Derivative Complaint sought the reinstatement of James J. Cotter, Jr. as President and Chief Executive Officer, an order setting aside the election results from the 2015 Annual Meeting of Stockholders, based on an allegation that Ellen Cotter and Margaret Cotter were not entitled to vote the shares of Class B Common Stock held by the Cotter Estate and the Cotter Trust, and certain monetary damages, as well as equitable injunctive relief, attorney fees and costs of suit. In May 2016, the T2 Plaintiffs unsuccessfully sought a preliminary injunction (1) enjoining the Inspector of Elections from counting at our 2016 Annual Meeting of Stockholders any proxies purporting to vote either the 327,808 Class B shares held of record by the Cotter Estate or the 696,080 Class B shares held of record by the Cotter Trust, and (2) enjoining Ellen Cotter, Margaret Cotter and James J. Cotter, Jr. from voting the above referenced shares at the 2016 Annual Meeting of Stockholders. This request for preliminary injunctive relief was denied by the Nevada District Court after a hearing on May 26, 2016.

With respect to the Cotter, Jr. Derivative Action, discovery is substantially complete. However, due to the pendency of various appeals to the Nevada Supreme Court, no trial date has been calendared.

On February 1, 2017, certain of the Defendant Directors filed a writ with the Nevada Supreme Court seeking a determination that Mr. Cotter, Jr. is not qualified to serve as a derivative plaintiff in an action against our Directors. Our Company has joined in thiss writ. On February 14, 2017 the Company filed a writ with the Nevada Supreme Court seeking a determination that the Nevada District Court erred in its decision to allow Mr. Cotter, Jr. access to certain communications between the Defendant Directors and Company counsel, which the Defendant Directors and our Company believe to be subject to the attorney-client communication privilege. Certain of the Defendant Directors joined in this writ. The Nevada Supreme Court has discretion in deciding whether to consider the writs, and the Company expects the Court to decide whether to consider the writs in the next several weeks. Activities in the Cotter Jr. Derivative Action, other than certain limited discovery, have been suspended pending determination of those writs. No assurances can be given as to how or when the Nevada Supreme Court will rule on the writs. At the present time, we believe that if the Court decides to consider the writs, it unlikely that the issues set forth in the writs will be resolved prior to the end of 2017. If the Supreme Court grants the writ regarding the lack of qualification of Mr. Cotter, Jr. to serve as a derivative plaintiff, then the Cotter Jr. Derivative Action will likely be at an end.

The Cotter Jr., Employment Arbitration is also in the discovery phase. Our Company has filed a Motion to Strike the First Amended Complaint and a Motion for Summary Judgment As To Certain Claimed Damages Or In The Alternative, Motion To Compel Responses to Discovery. A hearing has been scheduled for April 3, 2017.

Our Company is and was legally obligated to cover the costs and expenses incurred by our Defendant Directors in defending the Cotter Jr. Derivative Action and the T2 Derivative Action. Furthermore, although in a derivative action, the stockholder plaintiff seeks damages or other relief for the benefit of the Company, and not for the stockholder plaintiff’s individual benefit and, accordingly, the Company is, at least in theory, only a nominal defendant, as a practical matter, because Mr. Cotter, Jr. is also seeking, among other things, an order that our Board’s determination to terminate Mr. Cotter Jr. was ineffective and that he be reinstated as the President and CEO of our Company and also disbanding our Board’s Executive Committee, and as he asserts potentially misleading statements in certain press releases and filings with the SEC, our Company is also incurring on its own account significant cost and expense defending the decision to terminate Mr. Cotter, Jr. as President and Chief Executive Officer, its board committee structure, and the adequacy of those press releases and filings, in addition to its costs incurred in responding to discovery demands and satisfying indemnity obligations to the Defendant Directors. Likewise, in connection with the T2 Derivative Action, our Company incurred substantial costs defending claims related to the defense of claims relating to the termination of Mr. Cotter, Jr., opposing his reinstatement, and defending the conduct of its annual meetings. Cost incurred in the Cotter Jr. Employment Arbitration and in the defense of the Cotter Jr. Attorney’s fees case were direct costs of our Company.

To date, except for a $500,000 deductible, the bulk of the out-of-pocket costs associated with the defense of the Cotter Jr. Derivative Action and the T2 Derivative Action has been covered by our Company’s Directors and Officers Insurance. However, the $10,000,000 limit of that policy has now been exhausted. Accordingly, the costs of such defense going forward will be a general administrative expense of the Company. Payments by the Company over and above its insurance coverage totaled $3.8 million in 2016. To date, our Company has incurred $14.9 million with respect to the Derivative Litigation and Cotter Jr. Employment Arbitration, of which $12.8 million was incurred in 2016.

The STOMP Arbitration

In April 2015, Liberty Theatres, LLC (“Liberty”), a wholly owned subsidiary of the Company, commenced an American Arbitration Association arbitration proceeding (Case No.:01-15-0003-3728) against The Stomp Company Limited Partnership (“Stomp”), the producer of the show STOMP, in response to Stomp’s purported termination of their license agreement with Liberty relating to such show. STOMP has been playing at our Orpheum Theatre in New York City for 20 years and still continues to play to date. Liberty sought specific performance, injunctive and declaratory relief and damages. Stomp counterclaimed for unspecified damages, alleging that Liberty has interfered with the Stomp’s endeavors to move the show to another Off-Broadway theater. Stomp based its purported termination of the license agreement upon the alleged deficient condition of the Orpheum Theater.

On December 18, 2015, the Arbitrator issued his Partial Final Award of Arbitration, providing for, among other things (i) the issuance of a permanent injunction prohibiting Stomp from “transferring or taking actions to market, promote, or otherwise facilitate any transfer of, STOMP to another theatre in New York City having fewer than 500 seats without Liberty’s prior written consent”, (ii) the Stomp’s Notice of Termination purportedly terminating the parties’ license agreement was invalid, null and void and the License Agreement remains in full force and effect, and (iii) the award to Liberty of its reasonable attorneys’ fees in an amount to be determined by the Arbitrator.

In explaining his decision to award Liberty its reasonable attorneys’ fees, the Arbitrator stated as follows: “Liberty is entitled to such an award [of attorneys’ fees] not only because it is the prevailing party in this proceeding, but because [the Producer] unfairly disparaged the Orpheum and caused Liberty to incur attorneys’ fees in order to address and resolve [the Producer’s] groundless and frivolous allegations with respect to the Orpheum’s condition, Liberty’s performance under the License Agreement, and Stomp’s reasons for seeking to transfer STOMP to a larger theatre.”

In April 2016, we received a Final Award in our arbitration with Stomp. The Final Award awards us $2.3 million in attorney’s fees and costs. In September 2016, the parties agreed on the payment terms of the Final Award (“Payment Agreement”), on a basis that is intended to allow recovery by Liberty of the entire Final Award (plus interest at 4%), while at the same time allowing the show to continue playing at our Orpheum Theater. Under the Payment Agreement, Stomp paid $415,000 during 2016, and the remaining amount to be paid over time, with final payment due and payable in June 2019. We have filed a judgment of the arbitral award against Stomp with the New York Supreme Court to protect Liberty in the event Stomp defaults on the Payment Agreement. STOMP continues to play at our Orpheum Theater under a license agreement that was amended by the Payment Agreement.

Non-controlling Interests

12 Months Ended

Dec. 31, 2016

Non-controlling Interests [Abstract]

Non-controlling Interests

NOTE 13 – Non-controlling interests

As of December 31, 2016, the non-controlling interests in our consolidated subsidiaries are comprised of the following:

Australia Country Cinemas Pty Ltd. -- 25% non-controlling interest owned by Panorama Cinemas for the 21st Century Pty Ltd.;

Shadow View Land and Farming, LLC -- 50% non-controlling membership interest owned by either the estate of Mr. James J. Cotter, Sr. (the “Cotter Estate”) or the James J. Cotter Sr. Living Trust (the “Cotter Trust”); and,

Sutton Hill Properties, LLC -- 25% non-controlling interest owned by Sutton Hill Capital, LLC (which in turn is 50% owned by the Cotter Estate and/or the Cotter Trust).

The components of non-controlling interest are as follows:


(Dollars in thousands)	December 31, 2016		December 31, 2015
Australian Country Cinemas, Pty Ltd		264		318
Shadow View Land and Farming, LLC		1,980		1,940
Sutton Hill Properties, LLC		2,174		2,073
Non-controlling interests in consolidated subsidiaries	$	4,418	$	4,331

The components of income/(loss) attributable to non-controlling interests are as follows:


(Dollars in thousands)	2016		2015		2014
Australian Country Cinemas, Pty Ltd		140		126		143
Shadow View Land and Farming, LLC		(58)		(77)		(64)
Sutton Hill Properties, LLC		(68)		(128)		(136)
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$	14	$	(79)	$	(57)

Shadow View Land and Farming, LLC

This land is held in Shadow View Land and Farming, LLC, in which the Cotter Estate or the Cotter Trust now owns a 50% interest. We are the managing member of Shadow View Land and Farming, LLC. We consolidate the Cotter Estate’s and/or the Cotter Trust’s interest in the property and its expenses with that of our interest and show their interest as a non-controlling interest.

Stock-Based Compensation and Stock Repurchases

12 Months Ended

Dec. 31, 2016

Stock-Based Compensation and Stock Repurchases [Abstract]

Stock-Based Compensation and Stock Repurchases

NOTE 14 – Stock-Based Compensation and Stock Repurchases

Former Executive Stock Based Compensation

As part of his compensation package, Mr. James J. Cotter, Sr., our now deceased former Chairman of the Board and Chief Executive Officer, was granted restricted Class A Non-voting Common Stock (“Class A Stock”) for 2014 and 2013. Mr. Cotter, Sr.’s stock compensation was granted fully vested with a five-year restriction on sale and the applicable compensation expense was recorded in the year of grant. The 2014 stock grants were issued in the first quarter of 2015. The table below summarizes the fair value on grant date recognized as compensation, the number of shares granted, and the fair value of stock per share for the years ended December 31, 2014 and 2013:


	Fair Value		Number of Shares		Fair Value Per Share
2014	$	1,200,000		160,643	$	7.47
2013		750,000		125,209		5.99

Employee and Director Stock Option Plan

The Company may grant stock options and other share-based payment awards of our Class A Stock to eligible employees, directors, and consultants under the 2010 Stock Incentive Plan (the “Plan”). The aggregate total number of shares of the Class A Nonvoting Common Stock authorized for issuance under the Plan is 1,250,000. As of December 31, 2016, we had 604,857 shares remaining for future issuances.

Since the adoption of the Plan in 2010, the Company has granted awards primarily in the form of stock options or stock grants. In the first quarter of 2016, the Company started to award restricted stock units (“RSUs”) to directors and certain members of management. Stock options are generally granted at exercise prices equal to the grant-date market prices and typically expire no later than five years from the grant date. In contrast to a stock option where the grantee buys the Company’s share at an exercise price determined on grant date, an RSU entitles the grantee to receive one share for every RSU based on a vesting plan. At the discretion of our Compensation and Stock Options Committee, the vesting period of stock options and RSUs ranges from zero to four years. At the time the options are exercised or RSUs vest, at the discretion of management, we will issue treasury shares or make a new issuance of shares to the option or RSU holder.

Stock Options

We estimate the grant-date fair value of our stock options using the Black-Scholes option-valuation model, which takes into account assumptions such as the dividend yield, the risk-free interest rate, the expected stock price volatility, and the expected life of the options. We expense the estimated grant-date fair values of options over the vesting period on a straight-line basis. Based on our historical experience and the relative market price to strike price of the options, we have not hereto estimated any forfeitures of vested or unvested options.

The weighted average assumptions used in the option-valuation model for the years 2016, 2015 and 2014 were as follows:


	2016		2015		2014
Stock option exercise price	$	$11.87	$	13.30	$	8.56
Risk-free interest rate		1.20%		2.23%		2.51%
Expected dividend yield		--		--		--
Expected option life in years		3.75		4.00		5.00
Expected volatility		25.01%		31.86%		31.33%
Weighted average fair value	$	2.49	$	3.82	$	2.76

We recorded compensation expense of $284,000, $282,000, and $146,000 for 2016, 2015, and 2014, respectively. At December 31, 2016, the total unrecognized estimated compensation cost related to non-vested stock options was $554,000 which is expected to be recognized over a weighted average vesting period of 1.95 years. Cash and other consideration received from option exercises during 2016, 2015, and 2014 totaled $142,000, $3.0 million and $978,000, respectively.

The following is a summary of the status of RDI’s outstanding stock options for the three years ended December 31, 2016:


	Outstanding Stock Options
	Number of Options		Weighted Average Exercise Price				Weighted Average Remaining Years of Contractual Life	Aggregate Intrinsic Value
	Class A	Class B	Class A		Class B		Class A&B	Class A&B
Outstanding - January 1, 2014	709,850	185,100	$	6.66	$	9.90	4.70	$	938,503
Granted	80,000	--		8.56		--
Exercised	(157,600)	--		6.21		--		$	374,022
Expired	(64,000)	--		6.83		--
Outstanding - December 31, 2014	568,250	185,100	$	6.88	$	9.90	2.40	$	4,197,000
Granted	112,000	--		13.30		--
Exercised	(185,685)	(185,100)		6.09		9.90		$	327,170
Expired	(8,000)	--		6.23		--
Outstanding - December 31, 2015	486,565	--	$	8.68	$	--	2.89	$	2,188,011
Granted	169,327	--		11.87		--
Exercised	(46,815)	--		9.50		--		$	220,002
Expired	(74,000)	--		7.02		--
Outstanding - December 31, 2016	535,077	--	$	9.84	$	--	2.61	$	3,615,191

The following is a summary of the status of RDI’s vested and unvested stock options as of December 31, 2016, 2015 and 2014:


	Vested and Unvested Stock Options
	Number of Options		Weighted Average Exercise Price				Weighted Average Remaining Years of Contractual Life	Aggregate Intrinsic Value
	Class A	Class B	Class A			Class B	Class A&B	Class A&B
Vested
December 31, 2016	296,500	--	$	7.88	$	--	1.59	$	2,584,500
December 31, 2015	256,065	--		7.64		--	2.14		1,401,321
December 31, 2014	348,000	185,100		6.82		9.90	3.63		2,476,230
Unvested
December 31, 2016	238,577	--		12.28		--	3.87		1,030,691
December 31, 2015	230,500	--		9.83		--	3.72		786,690
December 31, 2014	220,250	--		6.98		--	4.25		1,720,770

Termination of Previous President’s Unvested Stock Options

Mr. James Cotter, Jr. has asserted in past communications with the Company that options to acquire 50,000 shares of Class A Stock, issued to him in connection with his retention as the President of our Company, survived his termination as President. On August 3, 2016, our Compensation and Stock Options Committee met, reviewed the issue and determined that such 50,000 options had in fact terminated with the termination of Mr. Cotter, Jr.’s employment as President. Accordingly, these options are not, and have not been outstanding since the effective date of Mr. Cotter, Jr’s termination. This was recorded as a forfeiture during the quarter ended September 30, 2016.

Restricted Stock Units

We estimate the grant-date fair values of our RSUs using the Company’s stock price at grant-date and record such fair values as compensation expense over the vesting period on a straight-line basis. In March 2016 and April 2016, RSU awards of 62,528 units and 5,625 units, respectively, were granted to both our directors and certain members of management. These RSU awards aggregating to 68,153 units remained unvested as of September 30, 2016. These RSU awards vest 25% at the end of each year for 4 years (in the case of members of management) and vest 100% at the end of one year (in the case of directors). During the year ended December 31, 2016, we recognized compensation expense of $419,000. The total unrecognized compensation expense related to these unvested RSUs was $396,000 as of December 31, 2016.

Common Stock Repurchases

On May 16, 2014, the Company's Board of Directors authorized management, at its discretion, to spend up to an aggregate of $10.0 million to acquire shares of the Company’s common stock. This approved stock repurchase plan supersedes and effectively cancels the program that was approved by the Board of Directors on May 14, 2004, which allowed management to purchase up to 350,000 shares of the Company’s common stock. As of December 31, 2016, we have fully spent the $10.0 million budget. Actual disbursements include transaction costs (such as brokers’ fees).

The Company repurchased its common stock as follows:


	Shares Acquired	Share Price		Total Paid (in thousands)
2016	181,739	$	15.68	$	2,850
2015	240,102	$	12.95	$	3,110
2014	432,252		9.42		4,070
Total	854,093	$	11.74	$	10,030

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2016

Accumulated Other Comprehensive Income

NOTE 15 – Accumulated Other Comprehensive Income

The following table summarizes the changes in each component of accumulated other comprehensive income attributable to RDI:


(Dollars in thousands)	Foreign Currency Items		Unrealized Gain (Losses) on Available-for-Sale Investments		Accrued Pension Service Costs		Total
Balance at January 1, 2016	$	14,642	$	12	$	(2,848)	$	11,806
Net current-period other comprehensive income		142		(2)		129		269
Balance at December 31, 2016	$	14,784	$	10	$	(2,719)	$	12,075

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

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+ Details

Derivative Instruments

12 Months Ended

Dec. 31, 2016

Derivative Instruments [Abstract]

Derivative Instruments

NOTE 16 – Derivative Instruments

We enter into interest rate derivative instruments to hedge the interest rate risk that results from the characteristics of our floating-rate borrowings. Our use of derivative transactions is intended to reduce long-term fluctuations in cash flows caused by market movements. All derivative instruments are recorded on the balance sheets at fair value with changes in fair value recorded to interest expense in the consolidated statements of operations. As of December 31, 2016, we have not designated any of our derivatives as accounting hedges.

The Company’s derivative positions measured at fair value are summarized in the following tables:


				December 31, 2016
(Dollars in thousands)	Hedged Exposure	Notional		Other Assets		Other Liabilities
Interest rate swap	Interest rate variability - Trust Preferred Debt Securities and Bank of America Credit Facility	$	48,913	$	--	$	58
Interest rate cap	Interest rate variability - Mezzanine loan tranche of Union Square construction financing		7,500		1
Interest rate cap	Interest rate variability - Minetta and Orpheum Theatres Term Loan		7,500		--		--
Total		$	63,913	$	1	$	58


				December 31, 2015
(Dollars in thousands)	Hedged Exposure	Notional		Other Assets		Other Liabilities
Interest rate swap	Interest rate variability - Trust Preferred Debt Securities and Bank of America Credit Facility	$	52,413	$	--	$	156
Interest rate cap	Interest rate variability - Minetta and Orpheum Theatres Term Loan		7,500		1		--
Total		$	59,913	$	1	$	156

The following table summarizes the unrealized gains or losses due to changes in fair values of the derivatives that are recorded in interest expense in the consolidated statements of operations for the fiscal years 2016, 2015 and 2014:


(Dollars in thousands)	2016		2015		2014
Net unrealized gains on interest rate derivatives	$	98	$	2,021	$	1,036

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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+ Details

Fair Value Measurements

12 Months Ended

Dec. 31, 2016

Fair Value Measurements [Abstract]

Fair Value Measurements

NOTE 17 – Fair Value Measurements

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. If quoted prices in an active market are available, fair value is determined by reference to these prices. If quoted prices are not available, fair value is determined by valuation models that primarily use, as inputs, market-based or independently sourced parameters, including but not limited to interest rates, volatilities, and credit curves. Additionally, we may reference prices for similar instruments, quoted prices or recent transactions in less active markets. We use prices and inputs that are current as of the measurement date. Assets and liabilities that are carried at fair value (both recurring or non-recurring basis) are classified and disclosed in one of the following categories:

Level 1: Quoted (unadjusted) prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. This consist primarily of investments in marketable securities which are our investments associated with the ownership of marketable securities in U.S. and New Zealand. These investments are valued based on observable market quotes on the last trading date of the reporting period.

Level 2: Quoted prices in active markets for similar assets and liabilities, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes our derivative financial instruments which are valued based on discounted cash flow models that incorporate observable inputs such as interest rates and yield curves from the derivative counterparties. The credit valuation adjustments associated with our non-performance risk and counterparty credit risk are incorporated in the fair value estimates of our derivatives. As of December 31, 2016 and 2015, we concluded that the credit valuation adjustments were not significant to the overall valuation of our derivatives.

Level 3: Unobservable inputs that are supported by little or no market activity may require significant judgment in order to determine the fair value of the assets and liabilities. This category includes:

Debt – includes secured and unsecured notes payable, trust preferred securities and other debt instruments. The borrowings are valued based on discounted cash flow models that incorporate appropriate market discount rates. We calculated the market discount rate by obtaining period-end treasury rates for fixed-rate debt, or LIBOR for variable-rate debt, for maturities that correspond to the maturities of our debt, adding appropriate credit spreads derived from information obtained from third-party financial institutions. These credit spreads take into account factors such as our credit rate, debt maturity, types of borrowings, and the loan-to-value ratios of the debt.

ii.

Goodwill, Other Intangibles and Other Long-lived Assets - refer to the “Impairment of Long-Lived Assets”section in Note 2 – Summary of Significant Accounting Policies for a description of valuation methodology used for fair value measurements of goodwill, intangible assets and long-lived assets. Given this category represents several lines in our Consolidated Balance Sheet and since the recorded values agree to fair values, we did not include this in the subsequent tables presented.

Also, our Level 1 financial instruments include cash and cash equivalents, receivables, and account payable and accrued liabilities. The carrying values of these financial instruments approximate the fair values due to their short maturities. There have been no changes in the methodologies used at December 31, 2016 and 2015. Additionally, there were no transfers of assets and liabilities between Levels 1, 2, or 3 during the years ended December 31, 2016 and 2015.

Recurring Fair Value Measurements

The following tables summarize our financial assets and financial liabilities measured at fair value on a recurring basis by level within the fair value hierarchy:


		Recurring Fair Value Measurements at December 31, 2016
(Dollars in thousands)	Balance Sheet Location	Level 1		Level 2		Level 3		Total
Assets
Investments	Prepaid and other current assets	$	49	$	--	$	--	$	49
Derivatives	Other assets		--		1		--		1
Liabilities
Derivatives	Other current liabilities		--		(58)		--		(58)
Total recorded at fair value		$	49	$	(57)	$	--	$	(8)


		Recurring Fair Value Measurements at December 31, 2015
(Dollars in thousands)	Balance Sheet Location	Level 1		Level 2		Level 3		Total
Assets
Investments	Prepaid and other current assets	$	51	$	--	$	--	$	51
Derivatives	Other assets		--		1		--		1
Liabilities
Derivatives	Other current liabilities		--		(156)		--		(156)
Total recorded at fair value		$	51	$	(155)	$	--	$	(104)

Nonrecurring Fair Value Measurements

The following tables provide information about financial assets and liabilities not carried at fair value on a nonrecurring basis in our consolidated balance sheets:


		Carrying		Fair Value Measurements at December 31, 2016
(Dollars in thousands)	Balance Sheet Location	Value(1)		Level 1		Level 2		Level 3		Total
Financial liabilities
Notes payable	Debt - current and long-term portion	$	120,622	$	--	$	--	$	121,204	$	121,204
Subordinated debt	Subordinated debt		27,913		--		--		15,247		15,247
Total		$	148,535	$	--	$	--	$	136,451	$	136,451


		Carrying		Fair Value Measurements at December 31, 2015
(Dollars in thousands)	Balance Sheet Location	Value(1)		Level 1		Level 2		Level 3		Total
Financial liabilities
Notes payable	Debt - current and long-term portion	$	103,028	$	--	$	--	$	99,554	$	99,554
Subordinated debt	Subordinated debt		27,913		--		--		13,338		13,338
Total		$	130,941	$	--	$	--	$	112,892	$	112,892

(1) These balances are presented gross of deferred financing costs.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

Minimum Future Rental Collections [Abstract]

Minimum Future Rental Collections

12 Months Ended

Dec. 31, 2016

Minimum Future Rental Collections

NOTE 18 – Minimum Future Rental Collections

Real estate revenue amounted to $13.6 million, $15.0 million, and $16.9 million, for the fiscal years ended December 31, 2016, 2015, and 2014, respectively. Also, there were no material contingent rentals recognized for the three years then ended December 31, 2016. As of December 31, 2016, the minimum future rentals on our real estate properties currently leased to third parties under non-cancellable operating lease arrangements for the next five years are summarized as follows:


(Dollars in thousands)	Future Minimum Rentals
2017	$	8,325
2018		7,774
2019		6,987
2020		5,724
2021		5,137
Thereafter		26,780
Total	$	60,727

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 19 – Related Party Transactions Sutton Hill Capital In 2001, we entered into a transaction with Sutton Hill Capital, LLC (“SHC”) regarding the master leasing, with an option to purchase, of certain cinemas located in Manhattan including our Village East and Cinemas 1,2,3 theaters. In connection with that transaction, we also agreed (i) to lend certain amounts to SHC, to provide liquidity in its investment, pending our determination whether or not to exercise our option to purchase and (ii) to manage the 86th Street Cinema on a fee basis. SHC is a limited liability company owned in equal shares by the Cotter Estate or the Cotter Trust and a third party. As previously reported, over the years, two of the cinemas subject to the master leasing agreement have been redeveloped and one (the Cinemas 1,2,3 discussed below) has been acquired. The Village East is the only cinema that remains subject to this master lease. We paid an annual rent of $590,000 for this cinema to SHC in each of 2016, 2015, and 2014. During this same period, we received management fees from the 86th Street Cinema of $150,000, $151,000 and $123,000, during the fiscal years ended December 31, 2016, 2015 and 2014, respectively. In 2005, we acquired (i) from a third party the fee interest underlying the Cinemas 1,2,3 and (ii) from SHC its interest in the ground lease estate underlying and the improvements constituting the Cinemas 1,2,3. The ground lease estate and the improvements acquired from SHC were originally a part of the master lease transaction, discussed above. In connection with that transaction, we granted to SHC an option to acquire at cost a 25% interest in the special purpose entity (Sutton Hill Properties, LLC) formed to acquire these fee, leasehold and improvements interests. On June 28, 2007, SHC exercised this option, paying $3.0 million and assuming a proportionate share of SHP’s liabilities. At the time of the option exercise and the closing of the acquisition of the 25% interest, SHP had debt of $26.9 million, including a $2.9 million, non-interest bearing intercompany loan from the Company. Since the acquisition by SHC of its 25% interest, SHP has covered its operating costs and debt service through cash flow from the Cinema 1,2,3, (ii) borrowings from third parties, and (iii) pro-rata contributions from the members. We receive an annual management fee equal to 5% of SHP’s gross income for managing the cinema and the property, amounting to $177,000, $153,000 and $118,000 in 2015, 2014 and 2013 respectively. This management fee was modified in 2015, as discussed below, retroactive to December 1, 2014. On June 29, 2010, we agreed to extend our existing lease from SHC of the Village East Cinema by 10 years, with a new termination date of June 30, 2020. This amendment was reviewed and approved by our Audit and Conflicts Committee. The Village East lease includes a sub-lease of the ground underlying the cinema that is subject to a longer-term ground lease between SHC and an unrelated third party that expires in June 2031 (the “cinema ground lease”). The extended lease provides for a call option pursuant to which Reading may purchase the cinema ground lease for $5.9 million at the end of the lease term. Additionally, the lease has a put option pursuant to which SHC may require Reading to purchase all or a portion of SHC’s interest in the existing cinema lease and the cinema ground lease at any time between July 1, 2013 and December 4, 2019. SHC’s put option may be exercised on one or more occasions in increments of not less than $100,000 each. We recorded the Village East Cinema building as a property asset of $4.7 million on our balance sheet based on the cost carry-over basis from an entity under common control with a corresponding capital lease liability of $5.9 million presented under other liabilities (see Note 11 – Pension and Other Liabilities). In February 2015, we and SHP entered into an amendment to the management agreement dated as of June 27, 2007 between us and SHP. The amendment, which was retroactive to December 1, 2014, memorialized our undertaking to SHP with respect to $750,000 (the “Renovation Funding Amount”) of renovations to Cinemas 1,2,3 funded or to be funded by us. In consideration of our funding of the renovations, our annual management fee under the management agreement was increased commencing January 1, 2015 by an amount equivalent to 100% of any incremental positive cash flow of Cinemas 1,2,3 over the average annual positive cash flow of the Cinemas 1,2,3 over the three-year period ended December 31, 2014 (not to exceed a cumulative aggregate amount equal to the Renovation Funding Amount), plus a 15% annual cash-on-cash return on the balance outstanding from time to time of the Renovation Funding Amount, payable at the time of the payment of the annual management fee (the “Improvements Fee”). Under the amended management agreement, we are entitled to retain ownership of (and any right to depreciate) any furniture, fixtures and equipment purchased by us in connection with such renovation and have the right (but not the obligation) to remove all such furniture, fixtures and equipment (at our own cost and expense) from the Cinemas upon the termination of the management agreement. The amendment also provides that, during the term of the management agreement, SHP will be responsible for the cost of repair and maintenance of the renovations. In 2016 and 2015, we received no Improvements Fee. This amendment was approved by SHC and by the Audit and Conflicts Committee of our Board of Directors. On August 31, 2016, we refinanced the debt of Cinemas 1, 2, 3, pursuant to a $20.0 million loan from Valley National Bank. Refer to Note – Debt for further details on this loan transaction. The proceeds from the loan were used to retire an existing $15.0 million first mortgage loan and the above referenced $2.9 million intercompany loan, with the remainder to be used for working capital and to cover cash flow shortfalls. Since the cash flow from the Cinemas 1, 2, 3 is not sufficient to service this loan, it is anticipated that the members of SHP (our Company and SHC) will ultimately need to make periodic contributions to the capital of SHP in order to avoid dilution of their respective interests in SHP. In 2016, our Company and SHC funded capital calls of $506,000 and $169,000, respectively. The Valley National Loan has been guaranteed by our Company and an environmental indemnity has been provided by our Company. SHC has agreed to indemnify our Company to the extent of 25% of any loss incurred by our Company with respect to any such guarantee and/or indemnity (a percentage reflecting SHC’s membership interest in SHP). The refinancing transaction, including the guarantee and indemnity, were review and approved by the Audit and Conflicts Committee of our Board of Directors. OBI Management Agreement Pursuant to a Theater Management Agreement (the “Management Agreement”), our live theater operations were, until this year, managed by Off-Broadway Investments, LLC (“OBI Management”), which is wholly owned by Ms. Margaret Cotter who is the daughter of the late Mr. James J. Cotter, Sr., the sister of Ellen Cotter and James Cotter, Jr., and a member of our Board of Directors. That Management Agreement was terminated effective March 10, 2016 in connection with the retention by our Company of Margaret Cotter as a full time employee. The Theater Management Agreement generally provided for the payment of a combination of fixed and incentive fees for the management of our four live theaters. Historically, these fees have equated to approximately 21% of the net cash flow generated by these properties. The fees to be paid to OBI for 2016, 2015 and 2014 were 79,000, 589,000 and $397,000, respectively. We also reimbursed OBI for certain travel expenses, shared the cost of an administrative assistant and provided office space at our New York offices. The increase in the payment to OBI for 2015 was attributable to work done by Margaret Cotter, working through OBI, with respect to the development of our Union Square and Cinemas 1,2, 3 properties. OBI Management historically conducted its operations from our office facilities on a rent-free basis, and we shared the cost of one administrative employee of OBI Management. We reimbursed travel related expenses for OBI Management personnel with respect to travel between New York City and Chicago in connection with the management of the Royal George complex. Other than these expenses, OBI Management was responsible for all of its costs and expenses related to the performance of its management functions. The Management Agreement renewed automatically each year unless either party gives at least six months’ prior notice of its determination to allow the Management Agreement to expire. In addition, we could terminate the Management Agreement at any time for cause. Effective March 10, 2016, Margaret Cotter became a full time employee of the Company and the Management Agreement was terminated. As Executive Vice-President Real Estate Management and Development - NYC, Ms. Cotter continues to be responsible for the management of our live theater assets, continues her role heading up the pre-redevelopment of our New York properties and is our senior executive responsible for the redevelopment of our New York properties. Pursuant to the termination agreement, Ms. Cotter gave up any right she might otherwise have, through OBI, to income from STOMP. Ms. Cotter's compensation as Executive Vice-President was recommended by the Compensation Committee as part of an extensive review of our Company’s overall executive compensation and approved by the Board. For 2016, Ms. Cotter's base salary was $350,000, and she was granted a long term incentive of a stock option for 19,921 shares of Class A common stock and 4,184 restricted stock units under the Company's 2010 Stock Incentive Plan, as amended, which long term incentives vest over a four year period. Live Theater Play Investment From time to time, our officers and Directors may invest in plays that lease our live theaters. The play STOMP has been playing in our Orpheum Theatre since prior to the time we acquired the theatre in 2001. The Cotter Estate or the Cotter Trust and a third party own an approximately 5% interest in that play, an interest that they have held since prior to our acquisition of the theater. Refer to Note 12 – Commitments and Contingencies for more information about the show STOMP. Shadow View Land and Farming LLC During 2012, Mr. James J. Cotter, Sr., our then Chairman, Chief Executive Officer and controlling shareholder, contributed $2.5 million cash and $255,000 of his 2011 bonus as his 50% share of the purchase price of a land parcel in Coachella, California and to cover his 50% share of certain costs associated with that acquisition. This land is held in Shadow View Land and Farming, LLC, in which the Cotter Estate or the Cotter Trust owns a 50% interest. We are the managing member of Shadow View Land and Farming, LLC (See Note 13 – Noncontrolling Interests). The property is held debt free, and operating and holding costs are covered by member contributions. The Audit and Conflicts Committee of the Board of Directors is charged with responsibility for oversight of our management of Shadow View.

Asset Impairment and Other Losses Recoverable through Insurance Claim

12 Months Ended

Dec. 31, 2016

Asset Impairment and Other Losses Recoverable through Insurance Claim [Abstract]

Asset Impairment and Other Losses Recoverable through Insurance Claim

NOTE 20 – Asset Impairment and Other Losses Recoverable through Insurance Claim

On November 14, 2016, Wellington, New Zealand experienced a severe 7.8-magnitude earthquake that damaged our parking structure adjacent to our Courtenay Central ETC. Prior to the earthquake damage, this parking structure, which was reported as part of our Real Estate segment, provided customer convenience when visiting our Courtenay Central ETC. In December 2016, the Wellington City Council and structural engineers retained by us inspected the extent of the earthquake damage and both concluded that our parking structure should be demolished for safety reasons. Our insurance company concurred with this assessment and has since approved the commencement of the demolition activities. As a result, we fully wrote down its remaining carrying value of $9.9 million (NZ$14.2 million) during the fourth quarter of 2016.

Based on the City Council’s requirement to demolish our parking structure, we have recognized a liability for demolition costs. It is our policy to accrue for any loss contingencies if the following two conditions are satisfied: (i) there is a “probable” likelihood that the liability had been incurred, and (ii) the amount of the loss can be reasonably estimated. We believe it is highly probable that we will ultimately make certain cash outlays as our final determination to demolish the parking structure due to earthquake damage created an obligating event for us. We have reliably estimated the eventual cost of completing the demolition plan at an aggregate amount of $5.9 million (NZ$8.5 million) based on actual proposals from third parties and our experience in dealing with similar events in the past. Our initial estimate of the demolition costs is comprised of the following: (i) estimated payments to third party vendors to demolish the actual structure, (ii) ancillary costs to clean up and subsequently backfill the underlying landholding, and (iii) other necessary expenses to administer and execute the demolition plan. We have also provided for cautionary amounts in our estimate to cover expenses not previously anticipated. In measuring and recognizing the demolition costs as part of “Other current liabilities” in our 2016 Consolidated Financial Statements, we did not apply the discounting process as we expect to incur these amounts during 2017.

We filed an insurance claim with our Insurer shortly after the earthquake incident. Our policy allows us to record a recoverable asset (to the extent of incurred losses) only when we determined that the collectability is deemed probable. We have concluded that the total incurred losses, consisting of the (i) written down carrying value of the damaged parking structure and (ii) a significant portion of the derivative loss contingencies on demolition activities, to have probable likelihood of recovery through our insurance claim based on the following considerations:

our valid insurance policy covering the insured event provided for an earthquake coverage sublimit of $25.0 million (NZ$35.9 million) per occurrence and annual aggregate combined for all locations;

the assigned Claims Examiner of our submitted insurance claim confirmed, in writing, that the loss and damage known and verified by the Insurer arising out of the November 14, 2016 earthquake in Wellington, New Zealand is covered under our valid insurance policy with the Insurer, subject to all applicable terms, conditions and earthquake liability sublimit of $25.0 million;

we received advanced claims settlement of $5.0 million (NZ$7.1 million) in December 2016;

our policy covered several reimbursable costs and expenses, which, among others, include demolition costs, expenses incurred relating to enforcement of applicable building ordinances or laws, defense costs and expenses incurred for preparing and certifying details of a claim, as well as coverage for ancillary property damages, loss of business income and incurrence of emergency and other extraordinary operating expenses;

we also have potential additional insurance available through a contract works policy taken out by the contractor working on the parking structure at the time of the earthquake which would cover our interest as principal; and,

there were no other earthquake incidents which caused physical damage to our other properties during 2016.

The table below provides the calculation of the total incurred losses and the determination of the recoverable amounts under our insurance claim:


(mainly New Zealand Dollars in thousands, unless otherwise noted)	Total			Less: Recorded to Statement of Operations(5)			Recoverable Asset under Insurance Claim(6)
Written down value of parking structure(1)	NZ	$	14,246	NZ	$	(795)	NZ	$	13,451
Estimated demolition costs(2)			8,500			(1,224)			7,276
Total expected incurred losses			22,746			(2,019)			20,727
Less:
Advance payment from Insurer(3)(4)			(7,103)			--			(7,103)
Insurance Recoverable for Incurred Losses (in local currency)	NZ	$	15,643	NZ	$	(2,019)	NZ	$	13,624
Insurance Recoverable for Incurred Losses (in U.S. Dollars)(4)	US	$	10,884	US	$	(1,421)	US	$	9,480

(1) Recorded land value was excluded in the impairment determination. The reduction to the written down value represents the 5% deductible calculated based on the estimated value of the insured damaged parking structure for insurance purposes.

(2) $862,000 (NZ$1.2 million) or 14% of total estimated demolition costs was preliminarily assessed as expenses not reimbursable under our insurance policy and hence, we recorded in profit and loss.

(3) This represents the advanced claims settlement from the Insurer of $5.0 million (NZ$7.1 million).

(4) In line with our standard translation policy, the recoverable asset of NZ$13.6 million was translated into U.S. dollars based on the spot exchange rate as of December 31, 2016, while the impact on our statement of operations was translated using the average exchange rate for the month of December 2016.

(5) Total impact to current income of $1.4 million (NZ$2.0 million) is presented as a separate line in our Statement of Operations.

(6) The recoverable asset of $9.5 million (NZ$13.6 million) is presented as part of “Other non-current assets” as the timing of the insurance claim receipt is not fixed nor reliably determinable.

Unaudited Quarterly Financial Information

12 Months Ended

Dec. 31, 2016

Unaudited Quarterly Financial Information [Abstract]

Unaudited Quarterly Financial Information

NOTE 21 – Unaudited Quarterly Financial Information


(Dollars in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter(1)
2016
Revenue	$	64,789	$	66,918	$	71,315	$	67,451
Net income		2,224		2,922		3,917		354
Net income attributable to RDI shareholders		2,226		2,970		3,855		352
Basic earnings per share		0.09		0.13		0.17		0.01
Diluted earnings per share		0.09		0.13		0.16		0.02
2015
Revenue	$	60,584	$	72,802	$	57,788	$	66,691
Net income		3,102		16,006		328		3,595
Net income attributable to RDI shareholders		3,118		15,997		381		3,614
Basic earnings per share		0.14		0.69		0.02		0.14
Diluted earnings per share		0.14		0.68		0.02		0.14

(1) Fourth Quarter Results included the impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	NOTE 22 – Subsequent Events $25 Million Stock Repurchase Program On March 2, 2017, the Board of Directors has authorized a stock repurchase program to repurchase up to $25 million of Reading’s Non-Voting Common stock. Three Year Business Strategy On March 2, 2017, the Board of Directors approved management’s three year business strategy for our Company, which focuses on the continued development of new cinemas in the United States, Australia and New Zealand, the continued improvement of our existing cinemas to elevate the guest experience, presentation and food and beverage program, and the continued re-development of our various real estate assets (including our Union Square and Cinemas 1,2,3 properties in New York City and our Australia and New Zealand Entertainment Themed Centers).

Schedule II - Valuation And Qualifying Accounts

12 Months Ended

Dec. 31, 2016

Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation And Qualifying Accounts

Schedule II – Valuation and Qualifying Accounts



	Balance at January 1		Additions		Deductions		Balance at December 31
Allowance for doubtful accounts
2016	$	426	$	1,010	$	608	$	828
2015	$	586	$	786	$	946	$	426
2014	$	375	$	297	$	86	$	586
Tax valuation allowance
2016	$	11,530	$	--	$	937	$	10,593
2015	$	15,936	$	--	$	4,406	$	11,530
2014	$	34,022	$	--	$	18,086	$	15,936

Summary Of Significant Accounting Policies (Policy)

12 Months Ended

Dec. 31, 2016

Summary Of Significant Accounting Policies [Abstract]

Basis Of Consolidation

Basis of Consolidation

Australia Country Cinemas Pty, Limited, a company in which we own a 75% interest and whose only assets are our leasehold cinemas in Townsville and Dubbo, Australia;

Sutton Hill Properties, LLC (“SHP”), a company based in New York in which we own a 75% interest and whose only asset is the fee interest in the Cinemas 1,2,3; and,

Shadow View Land and Farming, LLC in which we own a 50% controlling membership interest and whose only asset is a 202-acre land parcel in Coachella, California.

33.3% undivided interest in the unincorporated joint venture that owns the Mt. Gravatt cinema in a suburb of Brisbane, Australia;

33.3% undivided interest in Rialto Distribution, an unincorporated joint venture engaged in the business of distributing art film in New Zealand and Australia; and,

50% undivided interest in the unincorporated joint venture that owns Rialto Cinemas.

All significant intercompany balances and transactions have been eliminated in the consolidation.

Use Of Estimates

Use of Estimates

Reclassifications

Certain reclassifications have been made in the 2015 comparative information in the consolidated balance sheets and notes to conform to the 2016 presentation. These changes relate to the following:

(i)

(ii)

reclassification of Investments in marketable securities and Restricted cash line items as part of Prepaid and other current assets due to their immaterial balances.

Revenue Recognition

(i)

(ii)

Cash And Cash Equivalents

Cash and Cash Equivalents

We consider all highly liquid investments with original maturities of three months or less at the time of purchase as cash equivalents for which cost approximates fair value.

Receivables

Investment In Marketable Securities

Investment in Marketable Securities

Inventory

Inventory is composed of food and beverage items used in theater operations and is stated at the lower of cost (first-in, first-out method) or net realizable value.

Restricted Cash

Derivative Financial Instruments

Operating Property, Net

Operating Property, net

Depreciation and amortization are provided using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are generally as follows:


Building and improvements	15 – 60 years
Leasehold improvements	Shorter of the lease term or useful life of the improvement
Theater equipment	7 years
Furniture and fixtures	5 – 10 years

Investment And Development Property, Net

Investment and Development Property, net

Impairment Of Long-Lived Assets

Impairment of Long-Lived Assets

We review internal management reports on a monthly basis as well as monitor current and potential future competition in film markets for indications of potential impairment.

(i)

(ii)

No impairment losses were recorded for goodwill and indefinite-lived intangible assets for the three years ended December 31, 2016.

Variable Interest Entity

Property Held For Sale

Property Held for Sale

Deferred Leasing/Financing Costs

Film Rental Costs

Film rental costs are accrued based on the applicable box office receipts and estimates of the final settlement to the film licensees.

Advertising Expense

We expense our advertising as incurred. The amount of our advertising expense was $2.3 million, $2.3 million, and $2.1 million for the years ended December 2016, 2015, and 2014, respectively.

Operating Leases

Shared-Based Compensation

Share-based Compensation

Treasury Stock

Insurance Recoverability

Contingecy Matters

Contingency Matters

(i)

(ii)

Translation Policy


	As of and for the year ended December 31, 2016	As of and for the year ended December 31, 2015	As of and for the year ended December 31, 2014
Spot Rate
Australian Dollar	0.7230	0.7286	0.8173
New Zealand Dollar	0.6958	0.6842	0.7796
Average Rate
Australian Dollar	0.7440	0.7524	0.9027
New Zealand Dollar	0.6973	0.7004	0.8306

Income Taxes

Earnings Per Share

Business Acquisition Valuation And Purchase Price Allocation

Business Acquisition Valuation and Purchase Price Allocation

(i)

(ii)

Intangible assets and liabilities – the valuation of the intangible assets and liabilities in a typical real estate acquisition is described below:

Accounting Changes

Change in Accounting Principle during the fourth quarter of fiscal year 2016

The impact of this change in accounting principle to our current and prior years’ financial statements is presented in the following tables (in condensed format):

Consolidated Statements of Operations


	2016						2015						2014
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change		As restated		As previously reported		Effect of change(1)
Revenues	$	270,473	$	269,855	$	618	$	257,865	$	257,323	$	542	$	255,242	$	254,748	$	494
Costs and expenses		(250,162)		(250,162)		--		(234,169)		(234,169)		--		(232,575)		(232,575)		--
Operating income		20,311		19,693		618		23,696		23,154		542		22,667		22,173		494
Interest expense (net), casualty loss and others		(7,873)		(7,873)		--		3,279		3,279		--		(7,329)		(7,329)		--
Income before income taxes and equity earnings of unconsolidated joint ventures		12,438		11,820		618		26,975		26,433		542		15,338		14,844		494
Equity earnings of unconsolidated joint ventures		999		999		--		1,204		1,204		--		1,015		1,015		--
Income before income taxes		13,437		12,819		618		28,179		27,637		542		16,353		15,859		494
Income tax benefit (expense)		(4,020)		(3,787)		(233)		(5,148)		(4,943)		(205)		8,925		9,785		(860)
Net income	$	9,417	$	9,032	$	385	$	23,031	$	22,694	$	337	$	25,278	$	25,644	$	(366)
Basic EPS	$	0.40	$	0.39	$	0.01	$	0.99	$	0.98	$	0.01	$	1.08	$	1.09	$	(0.01)
Diluted EPS	$	0.40	$	0.38	$	0.02	$	0.98	$	0.97	$	0.01	$	1.07	$	1.08	$	(0.01)

Consolidated Balance Sheets


	2016						2015
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change
Assets
Current assets	$	72,641	$	72,641	$	--	$	36,921	$	36,921	$	--
Non-current assets
Deferred tax asset, net		28,667		28,900		(233)		24,584		25,649		(1,065)
Other non-current assets		304,458		304,458		--		310,693		310,693		--
Total Assets	$	405,766	$	405,999	$	(233)	$	372,198	$	373,263	$	(1,065)
Liabilities and Stockholders' Equity
Current liabilities
Deferred current revenue	$	10,758	$	11,376	$	(618)	$	11,771	$	14,591	$	(2,820)
Other current liabilities		55,228		55,228		--		60,731		60,731		--
Non-current liabilities		193,165		193,165		--		160,745		160,745		--
Total Liabilities	$	259,151	$	259,769	$	(618)	$	233,247	$	236,067	$	(2,820)
Stockholders' Equity
Retained earnings (accumulated deficit)	$	1,680	$	1,295	$	385	$	(7,723)	$	(9,478)	$	1,755
Other equity components		144,935		144,935		--		146,674		146,674		--
Total Stockholders' Equity	$	146,615	$	146,230	$	385	$	138,951	$	137,196	$	1,755
Total Liabilities and Stockholders' Equity	$	405,766	$	405,999	$	(233)	$	372,198	$	373,263	$	(1,065)

Consolidated Statements of Cash Flows


	2016						2015						2014
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change		As restated		As previously reported		Effect of change
Operating Activities
Net income	$	9,417	$	9,032	$	385	$	23,031	$	22,694	$	337	$	25,278	$	25,644	$	(366)
Adjustments to reconcile net income to net cash provided by operating activities
Change in net deferred tax assets		(5,060)		(5,293)		233		(4,067)		(4,272)		205		(14,029)		(14,889)		860
Other reconciling adjustments		19,128		19,128		--		5,786		5,786		--		18,775		18,775		--
Net changes in operating assets and liabilities
Deferred revenue and other liabilities		3,626		4,244		(618)		(745)		(203)		(542)		2,183		2,677		(494)
Other operating assets and liabilities		3,077		3,077		--		4,569		4,569		--		(3,864)		(3,864)		--
Net cash provided by operating activities	$	30,188	$	30,188	$	--	$	28,574	$	28,574	$	--	$	28,343	$	28,343	$	--
Investing Activities
Net cash used in investing activities	$	(42,861)	$	(42,861)	$	--	$	(29,710)	$	(29,710)	$	--	$	(9,898)	$	(9,898)	$	--
Financing Activities
Net cash provided by/(used in) financing activities	$	11,246	$	11,246	$	--	$	(27,961)	$	(27,961)	$	--	$	(3,275)	$	(3,275)	$	--
Effect of exchange rate on cash		742		742		--		(1,449)		(1,449)		--		(2,618)		(2,618)		--
Net increase (decrease) in cash and cash equivalents		(685)		(685)		--		(30,546)		(30,546)		--		12,552		12,552		--
Cash and cash equivalents beginning of the year		19,702		19,702		--		50,248		50,248		--		37,696		37,696		--
Cash and cash equivalents at the end of the year	$	19,017	$	19,017	$	--	$	19,702	$	19,702	$	--	$	50,248	$	50,248	$	--

Out-of-Period Adjustment during the fourth quarter of fiscal year 2016

Out-of-Period Adjustment during the fourth quarter of fiscal year 2015

Recently Adopted And Issued Accounting Pronouncements

Recently Adopted and Issued Accounting Pronouncements

Adopted:

Issued:

Description Of Business And Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2016

Description Of Business And Segment Reporting [Abstract]

Summary Of Results Of Operations For Principal Business Segments


	2016						2015(2)						2014(2)
(Dollars in thousands)	Cinema		Real Estate		Total		Cinema		Real Estate		Total		Cinema		Real Estate		Total
Revenue	$	256,922	$	20,917	$	277,839	$	242,823	$	21,579	$	264,402	$	238,355	$	24,348	$	262,703
Inter-segment elimination(1)		--		--		(7,366)		--		--		(6,537)		--		--		(7,461)
Total revenue		256,922		20,917		270,473		242,823		21,579		257,865		238,355		24,348		255,242
Operating expense
Cost of services and products (excluding depreciation and amortization)		(205,889)		(9,044)		(214,933)		(196,544)		(10,948)		(207,492)		(195,896)		(9,770)		(205,666)
Inter-segment elimination(1)		--		--		7,366		--		--		6,537		--		--		7,461
Total cost of services and products		(205,889)		(9,044)		(207,567)		(196,544)		(10,948)		(200,955)		(195,896)		(9,770)		(198,205)
Depreciation and amortization		(11,772)		(3,522)		(15,294)		(11,161)		(3,107)		(14,268)		(11,047)		(4,061)		(15,108)
General and administrative expense		(3,763)		(1,422)		(5,185)		(3,000)		(728)		(3,728)		(3,575)		(1,042)		(4,617)
Total operating expense		(221,424)		(13,988)		(228,046)		(210,705)		(14,783)		(218,951)		(210,518)		(14,873)		(217,930)
Segment operating income	$	35,498	$	6,929	$	42,427	$	32,118	$	6,796	$	38,914	$	27,837	$	9,475	$	37,312

(1) Inter-segment eliminations relate to the internal charge between the two segments where the cinema operates within real estate owned within the group.

Reconciliation To Net Income Attributable To Common Shareholders


(Dollars in thousands)	2016		2015(1)		2014(1)
Segment operating income	$	42,427	$	38,914	$	37,312
Unallocated corporate expense:
Depreciation and amortization expense		(395)		(294)		(360)
General and administrative expense		(21,721)		(14,924)		(14,285)
Interest expense, net		(6,782)		(7,304)		(9,000)
Equity earnings of unconsolidated joint ventures		999		1,204		1,015
Gain on sale of assets		393		11,023		25
Casualty loss		(1,421)		--		--
Other income (expense)		(63)		(440)		1,646
Income before income taxes	$	13,437	$	28,179	$	16,353

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Summary Of Assets


(Dollars in thousands)	December 31, 2016		December 31, 2015(2)(3)
By segment:
Cinema	$	133,057	$	106,201
Real estate		240,362		219,497
Corporate (1)		32,347		46,500
Total assets	$	405,766	$	372,198
By country:
United States	$	161,922	$	129,254
Australia		170,556		173,045
New Zealand		73,288		69,899
Total assets	$	405,766	$	372,198

(1) Corporate Assets includes cash and cash equivalents of $19.0 million and $19.7 million as of December 31, 2016 and 2015, respectively.

Schedule Of Operating Property By Country


(Dollars in thousands)	December 31, 2016		December 31, 2015
United States	$	75,845	$	66,787
Australia		103,430		106,985
New Zealand		32,611		36,526
Total operating property	$	211,886	$	210,298

Summary Of Capital Expenditures


(Dollars in thousands)	2016		2015		2014
Segment capital expenditures	$	49,023	$	52,989	$	14,310
Corporate capital expenditures		143		130		604
Total capital expenditures	$	49,166	$	53,119	$	14,914

Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Summary Of Significant Accounting Policies [Abstract]

Schedule Of Estimated Useful Lives Of Assets


Building and improvements	15 – 60 years
Leasehold improvements	Shorter of the lease term or useful life of the improvement
Theater equipment	7 years
Furniture and fixtures	5 – 10 years

Summary Of Currency Exchange Rates


	As of and for the year ended December 31, 2016	As of and for the year ended December 31, 2015	As of and for the year ended December 31, 2014
Spot Rate
Australian Dollar	0.7230	0.7286	0.8173
New Zealand Dollar	0.6958	0.6842	0.7796
Average Rate
Australian Dollar	0.7440	0.7524	0.9027
New Zealand Dollar	0.6973	0.7004	0.8306

Accounting Changes To Financial Statements

The impact of this change in accounting principle to our current and prior years’ financial statements is presented in the following tables (in condensed format):

Consolidated Statements of Operations


	2016						2015						2014
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change		As restated		As previously reported		Effect of change(1)
Revenues	$	270,473	$	269,855	$	618	$	257,865	$	257,323	$	542	$	255,242	$	254,748	$	494
Costs and expenses		(250,162)		(250,162)		--		(234,169)		(234,169)		--		(232,575)		(232,575)		--
Operating income		20,311		19,693		618		23,696		23,154		542		22,667		22,173		494
Interest expense (net), casualty loss and others		(7,873)		(7,873)		--		3,279		3,279		--		(7,329)		(7,329)		--
Income before income taxes and equity earnings of unconsolidated joint ventures		12,438		11,820		618		26,975		26,433		542		15,338		14,844		494
Equity earnings of unconsolidated joint ventures		999		999		--		1,204		1,204		--		1,015		1,015		--
Income before income taxes		13,437		12,819		618		28,179		27,637		542		16,353		15,859		494
Income tax benefit (expense)		(4,020)		(3,787)		(233)		(5,148)		(4,943)		(205)		8,925		9,785		(860)
Net income	$	9,417	$	9,032	$	385	$	23,031	$	22,694	$	337	$	25,278	$	25,644	$	(366)
Basic EPS	$	0.40	$	0.39	$	0.01	$	0.99	$	0.98	$	0.01	$	1.08	$	1.09	$	(0.01)
Diluted EPS	$	0.40	$	0.38	$	0.02	$	0.98	$	0.97	$	0.01	$	1.07	$	1.08	$	(0.01)

Consolidated Balance Sheets


	2016						2015
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change
Assets
Current assets	$	72,641	$	72,641	$	--	$	36,921	$	36,921	$	--
Non-current assets
Deferred tax asset, net		28,667		28,900		(233)		24,584		25,649		(1,065)
Other non-current assets		304,458		304,458		--		310,693		310,693		--
Total Assets	$	405,766	$	405,999	$	(233)	$	372,198	$	373,263	$	(1,065)
Liabilities and Stockholders' Equity
Current liabilities
Deferred current revenue	$	10,758	$	11,376	$	(618)	$	11,771	$	14,591	$	(2,820)
Other current liabilities		55,228		55,228		--		60,731		60,731		--
Non-current liabilities		193,165		193,165		--		160,745		160,745		--
Total Liabilities	$	259,151	$	259,769	$	(618)	$	233,247	$	236,067	$	(2,820)
Stockholders' Equity
Retained earnings (accumulated deficit)	$	1,680	$	1,295	$	385	$	(7,723)	$	(9,478)	$	1,755
Other equity components		144,935		144,935		--		146,674		146,674		--
Total Stockholders' Equity	$	146,615	$	146,230	$	385	$	138,951	$	137,196	$	1,755
Total Liabilities and Stockholders' Equity	$	405,766	$	405,999	$	(233)	$	372,198	$	373,263	$	(1,065)

Consolidated Statements of Cash Flows


	2016						2015						2014
(Dollars in thousands)	With breakage revenue		Without breakage revenue		Effect of change		As restated		As previously reported		Effect of change		As restated		As previously reported		Effect of change
Operating Activities
Net income	$	9,417	$	9,032	$	385	$	23,031	$	22,694	$	337	$	25,278	$	25,644	$	(366)
Adjustments to reconcile net income to net cash provided by operating activities
Change in net deferred tax assets		(5,060)		(5,293)		233		(4,067)		(4,272)		205		(14,029)		(14,889)		860
Other reconciling adjustments		19,128		19,128		--		5,786		5,786		--		18,775		18,775		--
Net changes in operating assets and liabilities
Deferred revenue and other liabilities		3,626		4,244		(618)		(745)		(203)		(542)		2,183		2,677		(494)
Other operating assets and liabilities		3,077		3,077		--		4,569		4,569		--		(3,864)		(3,864)		--
Net cash provided by operating activities	$	30,188	$	30,188	$	--	$	28,574	$	28,574	$	--	$	28,343	$	28,343	$	--
Investing Activities
Net cash used in investing activities	$	(42,861)	$	(42,861)	$	--	$	(29,710)	$	(29,710)	$	--	$	(9,898)	$	(9,898)	$	--
Financing Activities
Net cash provided by/(used in) financing activities	$	11,246	$	11,246	$	--	$	(27,961)	$	(27,961)	$	--	$	(3,275)	$	(3,275)	$	--
Effect of exchange rate on cash		742		742		--		(1,449)		(1,449)		--		(2,618)		(2,618)		--
Net increase (decrease) in cash and cash equivalents		(685)		(685)		--		(30,546)		(30,546)		--		12,552		12,552		--
Cash and cash equivalents beginning of the year		19,702		19,702		--		50,248		50,248		--		37,696		37,696		--
Cash and cash equivalents at the end of the year	$	19,017	$	19,017	$	--	$	19,702	$	19,702	$	--	$	50,248	$	50,248	$	--

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Computation Of Basic And Dilutes Earnings Per Share


(Dollars in thousands, except share and per share data)	2016		2015(1)		2014(1)
Numerator:
Net income attributable to RDI common stockholders	$	9,403	$	23,110	$	25,335
Denominator:
Weighted average shares of common stock – basic		23,320,048		23,293,696		23,431,855
Weighted average dilutive impact of stock-based awards		201,109		201,922		317,366
Weighted average shares of common stock – diluted		23,521,157		23,495,618		23,749,221
Basic EPS attributable to RDI common stockholders	$	0.40	$	0.99	$	1.08
Diluted EPS attributable to RDI common stockholders	$	0.40	$	0.98	$	1.07
Awards excluded from diluted EPS		92,500		--		248,750

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Real Estate Transactionse (Tables)

12 Months Ended

Dec. 31, 2016

Real Estate Transactions [Abstract]

Schedule Of Purchase Price Allocation

					Measurement
	Preliminary Purchase Price				Period		Final Purchase Price
	Allocation				Adjustments(2)		Allocation
(Dollars in thousands)	US Dollars(1)		AU dollars		AU dollars		US Dollars(1)		AU dollars
Tangible Assets
Operating property:
Land	$	7,525	$	10,421	$	721	$	8,046	$	11,142
Building and improvements		16,588		22,971		(6,453)		11,928		16,518
Site improvements		--		--		2,321		1,676		2,321
Tenant improvements		--		--		957		691		957
Intangible Assets
Above-market leases		--		--		61		44		61
In-place leases		--		--		2,135		1,542		2,135
Unamortized leasing commissions		--		--		333		240		333
Unamortized legal fees		--		--		55		40		55
Total assets acquired		24,113		33,392		130		24,207		33,522
Liabilities
Below-market leases		--		--		(130)		(94)		(130)
Net assets acquired	$	24,113	$	33,392	$	--	$	24,113	$	33,392

(1) The balances were translated into U.S. Dollars based on the applicable exchange rate as of the date of acquisition, December 23, 2015.

Property And Equipment (Tables)

12 Months Ended

Dec. 31, 2016

Property And Equipment [Abstract]

Schedule Of Property And Equipment


(Dollars in thousands)	December 31, 2016		December 31, 2015
Land	$	73,803	$	70,063
Building and improvements		122,863		126,622
Leasehold improvements		46,902		46,874
Fixtures and equipment		118,180		112,423
Construction-in-progress		11,517		7,825
Total cost		373,265		363,807
Less: accumulated depreciation		(161,379)		(153,509)
Operating property, net	$	211,886	$	210,298

Schedule Of The Gross And Carrying Amounts Of The Properties Leased Of Held-For-Leasing


(Dollars in thousands)	Gross		Accumulated Depreciation		Net Book Value
Building and improvements	$	33,879	$	9,982	$	23,897

Summary Of Investment And Development Property


(Dollars in thousands)	December 31, 2016		December 31, 2015
Land	$	24,616	$	21,434
Building		1,900		--
Construction-in-progress (including capitalized interest)		17,171		1,568
Investment and development property, net	$	43,687	$	23,002

Investments In Unconsolidated Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2016

Investments In Unconsolidated Joint Ventures [Abstract]

Summary Of The Investments In Unconsolidated Joint Ventures And Entities


(Dollars in thousands)	Interest	December 31, 2016		December 31, 2015
Rialto Distribution	33.3%	$	--	$	--
Rialto Cinemas	50.0%		1,197		1,276
Mt. Gravatt	33.3%		3,874		4,094
Total investments		$	5,071	$	5,370

Summary Of Equity Earnings (Loss) From Investments In Unconsolidated Joint Ventures And Entities


(Dollars in thousands)	2016		2015		2014
Rialto Distribution	$	--	$	22	$	120
Rialto Cinemas		194		136		297
Mt. Gravatt		805		1,046		598
Total equity earnings	$	999	$	1,204	$	1,015

Goodwill And Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill And Intangible Assets [Abstract]

Summary Of Goodwill


(Dollars in thousands)	Cinema		Real Estate		Total
Balance at January 1, 2015	$	16,057	$	5,224	$	21,281
Foreign currency translation adjustment		(1,566)		--		(1,566)
Balance at December 31, 2015	$	14,491	$	5,224	$	19,715
Foreign currency translation adjustment		113		--		113
Balance at December 31, 2016	$	14,604	$	5,224	$	19,828

Summary Of Intangible Assets Other Than Goodwill


	December 31, 2016
(Dollars in thousands)	Beneficial Leases		Trade Name		Other Intangible Assets		Total
Gross carrying amount	$	28,671	$	7,254	$	1,084	$	37,009
Less: Accumulated amortization		(21,870)		(4,634)		(468)		(26,972)
Net intangible assets other than goodwill	$	6,801	$	2,620	$	616	$	10,037


	December 31, 2015
(Dollars in thousands)	Beneficial Leases		Trade Name		Other Intangible Assets		Total
Gross carrying amount	$	26,793	$	7,254	$	696	$	34,743
Less: Accumulated amortization		(20,108)		(4,300)		(446)		(24,854)
Net intangible assets other than goodwill	$	6,685	$	2,954	$	250	$	9,889

Schedule Of Estimated Amortization Expense


(Dollars in thousands)	Estimated Future Amortization Expense
2017	$	1,751
2018		1,643
2019		1,171
2020		802
2021		802
Thereafter		3,479
Total future amortization expense	$	9,648

Prepaid And Other Assets (Tables)

12 Months Ended

Dec. 31, 2016

Prepaid And Other Assets [Abstract]

Summary Of Prepaid And Other Assets

(Dollars in thousands)	December 31, 2016		December 31, 2015
Prepaid and other current assets
Prepaid expenses	$	981	$	879
Prepaid taxes		1,622		1,023
Income taxes receivable		1,476		2,137
Prepaid rent		1,237		1,021
Deposits		404		369
Restricted cash		17		160
Investments in marketable securities		50		51
Total prepaid and other current assets	$	5,787	$	5,640
Other non-current assets
Recoverable asset(1)	$	9,480	$	--
Other non-cinema and non-rental real estate assets		1,134		1,134
Interest rate cap at fair value		1		1
Straight-line rent asset		2,457		2,417
Long-term deposits		39		63
Total non-current assets	$	13,111	$	3,615

Refer to Note 20 – Asset Impairment and Other Losses Recoverable through Insurance Claim for further discussion on this item.

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Schedule Of Income (Loss) Before Income Tax Expense

(Dollars in thousands)	2016		2015(1)		2014(1)
United States	$	(1,886)	$	3,826	$	3,271
Foreign		14,324		23,149		12,067
Income before income taxes and equity earnings of unconsolidated joint ventures	$	12,438	$	26,975	$	15,338
Equity earnings of unconsolidated joint ventures:
United States		--		--		--
Foreign		999		1,204		1,015
Income before income taxes	$	13,437	$	28,179	$	16,353

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Schedule Of Significant Components Of Provision For Income Taxe

(Dollars in thousands)	2016		2015(1)		2014(1)
Current income tax expense
Federal	$	2,982	$	481	$	827
State		675		516		511
Foreign		4,685		3,120		1,251
Total		8,342		4,117		2,589
Deferred income tax expense (benefit)
Federal		(4,197)		612		(13,611)
State		(422)		(940)		(1,104)
Foreign		297		1,359		3,201
Total		(4,322)		1,031		(11,514)
Total income tax expense (benefit)	$	4,020	$	5,148	$	(8,925)

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Schedule Of Components Of Deferred Tax Assets And Liabilities

(Dollars in thousands)	December 31, 2016		December 31, 2015(1)
Deferred Tax Assets:
Net operating loss carry-forwards	$	11,940	$	13,286
Alternative minimum tax credit carry-forwards		1,690		540
Compensation and employee benefits		6,221		5,531
Deferred revenue		5,486		6,592
Accrued expenses		7,134		7,971
Accrued taxes		3,381		3,285
Land and property		12,857		11,264
Other		995		1,058
Total Deferred Tax Assets		49,704		49,527
Deferred Tax Liabilities:
Intangibles		(1,482)		(2,321)
Cancellation of indebtedness		(1,559)		(2,396)
Notes receivable		(7,403)		(8,696)
Total Deferred Tax Liabilities		(10,444)		(13,413)
Net deferred tax assets before valuation allowance		39,260		36,114
Valuation allowance		(10,593)		(11,530)
Net deferred tax asset	$	28,667	$	24,584

(1) December 31, 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes)

Schedule Of Income Tax Reconciliation Items

(Dollars in thousands)	2016		2015(1)		2014(1)
Expected tax provision	$	4,566	$	9,581	$	5,739
Increase (decrease) in tax expense resulting from:
Foreign tax rate differential		(648)		(654)		1,252
Change in valuation allowance		129		1,531		(16,580)
Indefinite reinvestment assertion		--		(3,089)		--
State and local tax provision		307		1,133		461
State rate and law change		--		(3,635)		--
Prior year adjustments		(954)		(514)		--
Unrecognized tax benefits		262		946		700
Other		358		(151)		(497)
Actual tax provision (benefit)	$	4,020	$	5,148	$	(8,925)

(1) 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes)

Summary Of The Activity Related To Unrecognized Tax Benefits


(Dollars in thousands)	2016		2015		2014
Unrecognized tax benefits – gross beginning balance	$	11,022	$	3,760	$	2,160
Gross increases – prior period tax provisions		133		6,679		1,600
Gross increases – current period tax positions		325		583		--
Unrecognized tax benefits – gross ending balance	$	11,480	$	11,022	$	3,760

Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt [Abstract]

Summary Of Notes Payable


		As of December 31, 2016
(Dollars in thousands)		Maturity Date	Contractual Facility		Balance, Gross		Balance, Net(3)		Stated Interest Rate	Effective Interest Rate (1)
Denominated in USD
	Trust Preferred Securities (USA)	April 30, 2027	$	27,913	$	27,913	$	27,340	4.89%	5.20%
	Bank of America Credit Facility (USA)	November 28, 2019		55,000		39,950		39,759	3.27%	3.90%
	Bank of America Line of Credit (USA)	October 31, 2019		5,000		--		--	3.77%	3.77%
	Cinema 1, 2, 3 Term Loan (USA)(4)	September 1, 2019		20,000		19,901		19,356	3.25%	3.25%
	Minetta & Orpheum Theatres Loan (USA)(4)	June 1, 2018		7,500		7,500		7,398	3.38%	3.38%
	U.S. Corporate Office Term Loan (USA)(4)	January 1, 2027		8,363		8,363		8,239	4.64%	4.64%
	Union Square Construction Financing (USA)(5)	December 29, 2019		57,500		8,000		4,751	4.52%	4.52%
Denominated in foreign currency ("FC")(2)
	NAB Corporate Loan Facility (AU)	June 30, 2019		48,080		28,558		28,421	2.64%	2.64%
	Westpac Bank Corporate Credit Facility (NZ)	March 31, 2018		36,877		8,350		8,350	3.80%	3.80%
Total			$	266,233	$	148,535	$	143,614

(2) The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2016.

(3) Net of deferred financing costs amounting to $4.9 million.


		As of December 31, 2015
(Dollars in thousands)		Maturity Date	Contractual Facility		Balance, Gross		Balance, Net(3)		Stated Interest Rate	Effective Interest Rate (1)
Denominated in USD
	Trust Preferred Securities (USA)	April 30, 2027	$	27,913	$	27,913	$	27,125	4.32%	5.20%
	Bank of America Credit Facility (USA)	November 28, 2019		55,000		29,750		29,321	2.92%	3.65%
	Bank of America Line of Credit (USA)	October 31, 2017		5,000		2,500		2,500	3.42%	3.42%
	Cinema 1, 2, 3 Term Loan (USA)(4)	July 1, 2016		15,000		15,000		14,887	3.75%	3.75%
	Cinema 1, 2, 3 Line of Credit (USA)(4)	July 1, 2016		6,000		--		--	3.75%	3.75%
	Minetta & Orpheum Theatres Loan (USA)(4)	June 1, 2018		7,500		7,500		7,326	3.00%	3.00%
	Union Square Line of Credit (USA)(4)	July 2, 2017		8,000		8,000		7,858	3.65%	3.65%
Denominated in FC (2)
	NAB Corporate Loan Facility (AU)	June 30, 2019		48,452		26,594		26,412	3.06%	3.06%
	Westpac Bank Corporate Credit Facility (NZ)	March 31, 2018		34,210		13,684		13,684	4.45%	4.45%
Total			$	207,075	$	130,941	$	129,113

(2) The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollar based on the applicable exchange rates as of December 31, 2015.

(4) In 2015, the loans for our Cinema 1,2,3 and Minetta & Orpheum Theatres were obtained from Bank of Santander, while the Union Square line of credit was obtained through East West Bank.

Schedule Of Long-term Debt Instruments, Net Of The Deferred Financing Costs


	Dollars in thousands
Balance Sheet Caption	December 31, 2016		December 31, 2015
Debt - current portion	$	567	$	14,887
Debt - long-term portion		115,707		87,101
Subordinated debt		27,340		27,125
Total borrowings	$	143,614	$	129,113

Schedule Of Construction Financing

(Dollars in thousands)		Facility Limits and Advances
Financing Component	Lender	Facility Limit		Advanced-to- Date		Remaining Facility		Interest Rate(1)	Maturity Date(2)
Mezzanine loan	Tammany Mezz Investor LLC	$	7,500	$	--	$	7,500	Greater of (i) 10.50% and (ii) Adjusted LIBOR + 10%	December 29, 2019
Senior loan	Bank of the Ozarks		8,000		8,000		--	Greater of (i) 4.75% and (ii) Adjusted LIBOR + 4.25%	December 29, 2019
Building loan	Bank of the Ozarks		31,130		--		31,130	Greater of (i) 4.75% and (ii) Adjusted LIBOR + 4.25%	December 29, 2019
Project loan	Bank of the Ozarks		10,870		--		10,870	Greater of (i) 4.75% and (ii) Adjusted LIBOR + 4.25%	December 29, 2019
Total Union Square Financing		$	57,500	$	8,000	$	49,500

(1) Not to exceed the New York State maximum lawful borrowing rate, which typically is 16%.

(2) Allowable for up to two (2) extension request options, one (1) year for each extension request.

Schedule Of Future Principal Loan Payments


(Dollars in thousands)	Future Principal Debt Payments
2017	$	567
2018		16,453
2019		95,793
2020		208
2021		218
Thereafter		35,296
Total future principal debt payments	$	148,535

Pension And Other Liabilities [Abstract]

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

+ Details

Pension And Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Summary Of Other Liabilities Including Pension


(Dollars in thousands)	December 31, 2016		December 31, 2015
Current liabilities
Liability for demolition costs(1)	$	5,914	$	--
Lease liability(2)		5,900		5,900
Accrued pension(3)		2,223		1,539
Security deposit payable		77		180
Other		17		21
Other current liabilities	$	14,131	$	7,640
Other liabilities
Straight-line rent liability	$	12,413	$	10,823
Accrued pension(3)		5,732		6,236
Lease make-good provision		5,146		5,228
Environmental reserve		1,656		1,656
Interest rate swap		58		156
Deferred Revenue - Real Estate		4,398		4,596
Acquired leases		267		866
Other		495		501
Other liabilities	$	30,165	$	30,062

(1) Refer to Note 20 – Asset Impairment and Other Losses Recoverable through Insurance Claim for details on the estimation of the demolition costs for our Courtenay Central parking structure.

(2) Represents the lease liability of the option associated with the ground lease purchase of the Village East Cinema. See below for more information.

(3) Represents the pension liability associated with the Supplemental Executive Retirement Plan explained below.

Schedule Of Change In Pension Benefit Obligation And Funded Status


(Dollars in thousands)	December 31, 2016		December 31, 2015
Benefit obligation at January 1	$	7,775	$	7,595
Interest cost		180		180
Actuarial gain		--		--
Benefit obligation at December 31	$	7,955	$	7,775
Funded status at December 31	$	(7,955)	$	(7,775)

Schedule Of Pension Benefit Obligation Recognized In Balance Sheets


(Dollars in thousands)	December 31, 2016		December 31, 2015
Current liabilities	$	2,223	$	1,539
Other liabilities - Non current		5,732		6,236
Total pension liability	$	7,955	$	7,775

Schedule Of The Components Of Net Periodic Benefit Cost And Other Amounts Recognized In Other Comprehensive Income


(Dollars in thousands)	December 31, 2016		December 31, 2015
Net periodic benefit cost
Interest cost	$	180	$	180
Amortization of prior service costs		--		--
Amortization of net actuarial gain		129		207
Net periodic benefit cost	$	309	$	387
Items recognized in other comprehensive income
Net loss	$	--	$	--
Amortization of prior service cost		--		--
Amortization of net loss		(129)		(207)
Total recognized in other comprehensive income	$	(129)	$	(207)
Total recognized in net periodic benefit cost and other comprehensive income	$	180	$	180

Schedule Of Items Not Recognized As A Component Of Net Periodic Pension Cost


(Dollars in thousands)	December 31, 2016		December 31, 2015
Unamortized actuarial loss	$	2,719	$	2,848
Accumulated other comprehensive loss	$	2,719	$	2,848

Schedule Of Expected Benefit Payments


(Dollars in thousands)	Estimated Future Pension Payments
2017	$	2,223
2018		684
2019		684
2020		684
2021		684
Thereafter		2,996
Total pension payments	$	7,955

Schedule Of Reconciliation Of The Lease Make-Good Provision


(Dollars in thousands)	As of and for the year ended December 31, 2016		As of and for the year ended December 31, 2015
Lease make-good provision, at January 1	$	5,228	$	4,385
Liabilities incurred during the year		35		1,314
Liabilities settled during the year		(365)		(381)
Accretion expense		262		212
Effect of changes in foreign currency		(14)		(302)
Lease make-good provision, at December 31	$	5,146	$	5,228

Commitments And Contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Commitments And Contingencies [Abstract]

Schedule Of Base And Contingent Rental Expenses


(Dollars in thousands)	2016		2015		2014
Base rent expense	$	29,824	$	30,565	$	30,914
Contingent rental expense		1,484		1,848		1,223
Total cinema rent expense	$	31,308	$	32,413	$	32,137

Schedule Of Future Minimum Lease Payments Under Non-Cancelable Operating Leases


	Minimum Lease Payments at December 31, 2016
(Dollars in thousands)	Ground Lease		Premises Lease		Equipment Lease		Total
2017	$	3,621	$	25,049	$	2,665	$	31,335
2018		3,629		23,519		--		27,148
2019		3,691		21,085		--		24,776
2020		1,419		16,717		--		18,136
2021		1,357		12,991		--		14,348
Thereafter		9,981		116,696		--		126,677
Total	$	23,698	$	216,057	$	2,665	$	242,420

Non-controlling Interests (Tables)

12 Months Ended

Dec. 31, 2016

Non-controlling Interests [Abstract]

Components Of Non-controlling Interests


(Dollars in thousands)	December 31, 2016		December 31, 2015
Australian Country Cinemas, Pty Ltd		264		318
Shadow View Land and Farming, LLC		1,980		1,940
Sutton Hill Properties, LLC		2,174		2,073
Non-controlling interests in consolidated subsidiaries	$	4,418	$	4,331

Components Of Gain/(Loss) Attributable To Non-controlling Interest


(Dollars in thousands)	2016		2015		2014
Australian Country Cinemas, Pty Ltd		140		126		143
Shadow View Land and Farming, LLC		(58)		(77)		(64)
Sutton Hill Properties, LLC		(68)		(128)		(136)
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries	$	14	$	(79)	$	(57)

Stock-Based Compensation and Stock Repurchases (Tables)

12 Months Ended

Dec. 31, 2016

Stock-Based Compensation and Stock Repurchases [Abstract]

Summary Of Stocks Awarded


	Fair Value		Number of Shares		Fair Value Per Share
2014	$	1,200,000		160,643	$	7.47
2013		750,000		125,209		5.99

Schedule Of Fair Value Of Options, Weighted Average Assumptions


	2016		2015		2014
Stock option exercise price	$	$11.87	$	13.30	$	8.56
Risk-free interest rate		1.20%		2.23%		2.51%
Expected dividend yield		--		--		--
Expected option life in years		3.75		4.00		5.00
Expected volatility		25.01%		31.86%		31.33%
Weighted average fair value	$	2.49	$	3.82	$	2.76

Schedule Of Stock Options Outstanding


	Outstanding Stock Options
	Number of Options		Weighted Average Exercise Price				Weighted Average Remaining Years of Contractual Life	Aggregate Intrinsic Value
	Class A	Class B	Class A		Class B		Class A&B	Class A&B
Outstanding - January 1, 2014	709,850	185,100	$	6.66	$	9.90	4.70	$	938,503
Granted	80,000	--		8.56		--
Exercised	(157,600)	--		6.21		--		$	374,022
Expired	(64,000)	--		6.83		--
Outstanding - December 31, 2014	568,250	185,100	$	6.88	$	9.90	2.40	$	4,197,000
Granted	112,000	--		13.30		--
Exercised	(185,685)	(185,100)		6.09		9.90		$	327,170
Expired	(8,000)	--		6.23		--
Outstanding - December 31, 2015	486,565	--	$	8.68	$	--	2.89	$	2,188,011
Granted	169,327	--		11.87		--
Exercised	(46,815)	--		9.50		--		$	220,002
Expired	(74,000)	--		7.02		--
Outstanding - December 31, 2016	535,077	--	$	9.84	$	--	2.61	$	3,615,191

Summary Of Vested Stock Options


	Vested and Unvested Stock Options
	Number of Options		Weighted Average Exercise Price				Weighted Average Remaining Years of Contractual Life	Aggregate Intrinsic Value
	Class A	Class B	Class A			Class B	Class A&B	Class A&B
Vested
December 31, 2016	296,500	--	$	7.88	$	--	1.59	$	2,584,500
December 31, 2015	256,065	--		7.64		--	2.14		1,401,321
December 31, 2014	348,000	185,100		6.82		9.90	3.63		2,476,230
Unvested
December 31, 2016	238,577	--		12.28		--	3.87		1,030,691
December 31, 2015	230,500	--		9.83		--	3.72		786,690
December 31, 2014	220,250	--		6.98		--	4.25		1,720,770

Schedule Of Stocks Repurchased


	Shares Acquired	Share Price		Total Paid (in thousands)
2016	181,739	$	15.68	$	2,850
2015	240,102	$	12.95	$	3,110
2014	432,252		9.42		4,070
Total	854,093	$	11.74	$	10,030

Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2016

Accumulated Other Comprehensive Income [Abstract]

Schedule Of Accumulated Other Comprehensive Income


(Dollars in thousands)	Foreign Currency Items		Unrealized Gain (Losses) on Available-for-Sale Investments		Accrued Pension Service Costs		Total
Balance at January 1, 2016	$	14,642	$	12	$	(2,848)	$	11,806
Net current-period other comprehensive income		142		(2)		129		269
Balance at December 31, 2016	$	14,784	$	10	$	(2,719)	$	12,075

Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments [Abstract]

Set Forth Terms Of Interest Rate Swap And Cap Derivative Instruments


				December 31, 2016
(Dollars in thousands)	Hedged Exposure	Notional		Other Assets		Other Liabilities
Interest rate swap	Interest rate variability - Trust Preferred Debt Securities and Bank of America Credit Facility	$	48,913	$	--	$	58
Interest rate cap	Interest rate variability - Mezzanine loan tranche of Union Square construction financing		7,500		1
Interest rate cap	Interest rate variability - Minetta and Orpheum Theatres Term Loan		7,500		--		--
Total		$	63,913	$	1	$	58


				December 31, 2015
(Dollars in thousands)	Hedged Exposure	Notional		Other Assets		Other Liabilities
Interest rate swap	Interest rate variability - Trust Preferred Debt Securities and Bank of America Credit Facility	$	52,413	$	--	$	156
Interest rate cap	Interest rate variability - Minetta and Orpheum Theatres Term Loan		7,500		1		--
Total		$	59,913	$	1	$	156

Summary Of Unrealized Gains/Losses In The Financial Statement


(Dollars in thousands)	2016		2015		2014
Net unrealized gains on interest rate derivatives	$	98	$	2,021	$	1,036

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Measurements [Abstract]

Schedule Of Assets and Liabilities Carried and Measured At Fair Value


		Recurring Fair Value Measurements at December 31, 2016
(Dollars in thousands)	Balance Sheet Location	Level 1		Level 2		Level 3		Total
Assets
Investments	Prepaid and other current assets	$	49	$	--	$	--	$	49
Derivatives	Other assets		--		1		--		1
Liabilities
Derivatives	Other current liabilities		--		(58)		--		(58)
Total recorded at fair value		$	49	$	(57)	$	--	$	(8)


		Recurring Fair Value Measurements at December 31, 2015
(Dollars in thousands)	Balance Sheet Location	Level 1		Level 2		Level 3		Total
Assets
Investments	Prepaid and other current assets	$	51	$	--	$	--	$	51
Derivatives	Other assets		--		1		--		1
Liabilities
Derivatives	Other current liabilities		--		(156)		--		(156)
Total recorded at fair value		$	51	$	(155)	$	--	$	(104)

Schedule Of Fair Value Carried At Cost And Measured On A Nonrecurring Basis


		Carrying		Fair Value Measurements at December 31, 2016
(Dollars in thousands)	Balance Sheet Location	Value(1)		Level 1		Level 2		Level 3		Total
Financial liabilities
Notes payable	Debt - current and long-term portion	$	120,622	$	--	$	--	$	121,204	$	121,204
Subordinated debt	Subordinated debt		27,913		--		--		15,247		15,247
Total		$	148,535	$	--	$	--	$	136,451	$	136,451


		Carrying		Fair Value Measurements at December 31, 2015
(Dollars in thousands)	Balance Sheet Location	Value(1)		Level 1		Level 2		Level 3		Total
Financial liabilities
Notes payable	Debt - current and long-term portion	$	103,028	$	--	$	--	$	99,554	$	99,554
Subordinated debt	Subordinated debt		27,913		--		--		13,338		13,338
Total		$	130,941	$	--	$	--	$	112,892	$	112,892

(1) These balances are presented gross of deferred financing costs

Minimum Future Rental Collections (Tables)

12 Months Ended

Dec. 31, 2016

Minimum Future Rental Collections [Abstract]

Schedule Of Future Minimum Rental Income Under Operating Leases


(Dollars in thousands)	Future Minimum Rentals
2017	$	8,325
2018		7,774
2019		6,987
2020		5,724
2021		5,137
Thereafter		26,780
Total	$	60,727

Asset Impairment and Other Losses Recoverable through Insurance Claim (Tables)

12 Months Ended

Dec. 31, 2016

Asset Impairment and Other Losses Recoverable through Insurance Claim [Abstract]

Schedule Of The Total Incurred Losses And Recoverable Amounts From Insurance Claims

(mainly New Zealand Dollars in thousands, unless otherwise noted)	Total			Less: Recorded to Statement of Operations(5)			Recoverable Asset under Insurance Claim(6)
Written down value of parking structure(1)	NZ	$	14,246	NZ	$	(795)	NZ	$	13,451
Estimated demolition costs(2)			8,500			(1,224)			7,276
Total expected incurred losses			22,746			(2,019)			20,727
Less:
Advance payment from Insurer(3)(4)			(7,103)			--			(7,103)
Insurance Recoverable for Incurred Losses (in local currency)	NZ	$	15,643	NZ	$	(2,019)	NZ	$	13,624
Insurance Recoverable for Incurred Losses (in U.S. Dollars)(4)	US	$	10,884	US	$	(1,421)	US	$	9,480

(2) $862,000 (NZ$1.2 million) or 14% of total estimated demolition costs was preliminarily assessed as expenses not reimbursable under our insurance policy and hence, we recorded in profit and loss.

(3) This represents the advanced claims settlement from the Insurer of $5.0 million (NZ$7.1 million).

(5) Total impact to current income of $1.4 million (NZ$2.0 million) is presented as a separate line in our Statement of Operations.

(6) The recoverable asset of $9.5 million (NZ$13.6 million) is presented as part of “Other non-current assets” as the timing of the insurance claim receipt is not fixed nor reliably determinable.

Unaudited Quarterly Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Unaudited Quarterly Financial Information [Abstract]

Schedule Of Unaudited Quarterly Financial Information


(Dollars in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter(1)
2016
Revenue	$	64,789	$	66,918	$	71,315	$	67,451
Net income		2,224		2,922		3,917		354
Net income attributable to RDI shareholders		2,226		2,970		3,855		352
Basic earnings per share		0.09		0.13		0.17		0.01
Diluted earnings per share		0.09		0.13		0.16		0.02
2015
Revenue	$	60,584	$	72,802	$	57,788	$	66,691
Net income		3,102		16,006		328		3,595
Net income attributable to RDI shareholders		3,118		15,997		381		3,614
Basic earnings per share		0.14		0.69		0.02		0.14
Diluted earnings per share		0.14		0.68		0.02		0.14

(1) Fourth Quarter Results included the impact as a result of a change in accounting principle (see Note 2 – Summary of Significant Accounting Policies – Accounting Changes).

Description Of Business And Segment Reporting (Summary Of Results Of Operations For Principal Business Segments) (Details)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

USD ($)

^[1]

Sep. 30, 2016

USD ($)

Jun. 30, 2016

USD ($)

Mar. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

^[1]

Sep. 30, 2015

USD ($)

Jun. 30, 2015

USD ($)

Mar. 31, 2015

USD ($)

Dec. 31, 2016

USD ($)

segment

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Cost of services and products (excluding depreciation and amortization)

$ 67,451

$ 71,315

$ 66,918

$ 64,789

$ 66,691

$ 57,788

$ 72,802

$ 60,584

$ 270,473

$ 257,865

^[2],[3]

$ 255,242

^[2],[3]

(207,567)

(200,955)

^[2]

(198,205)

^[2]

(15,689)

(14,562)

^[3]

(15,468)

^[3]

(26,906)

(18,652)

^[3]

(18,902)

^[3]

(250,162)

(234,169)

^[3]

(232,575)

^[3]

Number of segments | segment

$ 20,311

23,696

^[3]

22,667

^[3]

Operating Segments [Member]

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Cost of services and products (excluding depreciation and amortization)

$ 277,839

264,402

^[2]

262,703

^[2]

(214,933)

(207,492)

^[2]

(205,666)

^[2]

(15,294)

(14,268)

^[2]

(15,108)

^[2]

(228,046)

(218,951)

^[2]

(217,930)

^[2]

Inter-segment Elimination [Member]

42,427

38,914

^[2],[4]

37,312

^[2],[4]

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

^[5]

(7,366)

(6,537)

^[2]

(7,461)

^[2]

Cinema Exhibition [Member]

^[5]

(7,366)

(6,537)

^[2]

(7,461)

^[2]

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Cost of services and products (excluding depreciation and amortization)

256,922

242,823

238,355

(205,889)

(196,544)

(195,896)

Cinema Exhibition [Member] | Operating Segments [Member]

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Cost of services and products (excluding depreciation and amortization)

256,922

242,823

238,355

(205,889)

(196,544)

(195,896)

(11,772)

(11,161)

(11,047)

(221,424)

(210,705)

(210,518)

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

35,498

32,118

27,837

Real Estate [Member]

Cost of services and products (excluding depreciation and amortization)

20,917

21,579

24,348

(9,044)

(10,948)

(9,770)

Real Estate [Member] | Operating Segments [Member]

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Cost of services and products (excluding depreciation and amortization)

20,917

21,579

24,348

(9,044)

(10,948)

(9,770)

(3,522)

(3,107)

(4,061)

(13,988)

(14,783)

(14,873)

Segment [Member] | Operating Segments [Member]

6,929

6,796

9,475

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Segment [Member] | Cinema Exhibition [Member] | Operating Segments [Member]

(5,185)

(3,728)

^[2]

(4,617)

^[2]

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Segment [Member] | Real Estate [Member] | Operating Segments [Member]

(3,763)

(3,000)

(3,575)

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

$ (1,422)

$ (728)

$ (1,042)

[1]	Fourth Quarter Results included the impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Balances relating to Cinema segment included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[4]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[5]	Inter-segment eliminations relate to the internal charge between the two segments where the cinema operates within real estate owned within the group.

Description Of Business And Segment Reporting (Reconciliation To Net Income Attributable To Common Shareholders) (Details)
$ in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2016

NZD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

Depreciation and amortization expense

$ 20,311

$ 23,696

^[1]

$ 22,667

^[1]

(15,689)

(14,562)

^[1]

(15,468)

^[1]

(26,906)

(18,652)

^[1]

(18,902)

^[1]

(4,020)

(5,148)

^[1],[2]

8,925

^[1],[2]

999

1,204

^[1]

1,015

^[1]

Gain on sale of assets

393

11,023

^[1]

^[3]

$ (2,019)

(1,421)

^[4]

Other income (expense)

(63)

(440)

^[1]

1,646

^[1]

Operating Segments [Member]

13,437

28,179

^[1]

16,353

^[1]

Depreciation and amortization expense

42,427

38,914

^[2],[5]

37,312

^[2],[5]

(15,294)

(14,268)

^[5]

(15,108)

^[5]

Corporate, Non-segment [Member]

Depreciation and amortization expense

(395)

(294)

^[2]

(360)

^[2]

(21,721)

(14,924)

^[2]

(14,285)

^[2]

Interest expense, net

(6,782)

(7,304)

^[2]

(9,000)

^[2]

999

1,204

^[2]

1,015

^[2]

Gain on sale of assets

393

11,023

^[2]

(1,421)

Other income (expense)

(63)

(440)

^[2]

1,646

^[2]

$ 13,437

$ 28,179

^[2]

$ 16,353

^[2]

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Total impact to current income of $1.4 million (NZ$2.0 million) is presented as a separate line in our Statement of Operations.
[4]	In line with our standard translation policy, the recoverable asset of NZ$13.6 million was translated into U.S. dollars based on the spot exchange rate as of December 31, 2016, while the impact on our statement of operations was translated using the average exchange rate for the month of December 2016.
[5]	Balances relating to Cinema segment included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Description Of Business And Segment Reporting (Summary Of Assets) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

^[5]

Dec. 31, 2013

^[5]

Cash and cash equivalents

$ 405,766

$ 372,198

^{[1],[2],[3],[4]}

19,017

19,702

^[1],[2],[5]

$ 50,248

$ 37,696

Deferred financing costs, net

4,900

1,800

161,922

129,254

^[3],[4]

Australia [Member]

170,556

173,045

^[3],[4]

New Zealand [Member]

73,288

69,899

^[3],[4]

Country [Member]

Cinema Exhibition [Member]

405,766

372,198

^[3],[4]

133,057

106,201

^[3],[4]

Real Estate [Member]

240,362

219,497

^[3],[4]

Corporate [Member]

^[6]

$ 32,347

$ 46,500

^[3],[4]

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	The balance as of December 31, 2015 included the reclassification adjustment relating to netting of deferred financing costs amounting to $1.8 million, as discussed in Note 2 - Summary of Significant Accounting Policies - Recently Adopted and Issued Accounting Pronouncements.
[4]	The balances as of December 31, 2015 included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[5]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[6]	Corporate Assets includes cash and cash equivalents of $19.0 million and $19.7 million as of December 31, 2016 and 2015, respectively.

Description Of Business And Segment Reporting (Schedule Of Operating Property By Country) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

$ 211,886

$ 210,298

^[1],[2]

75,845

66,787

Australia [Member]

103,430

106,985

New Zealand [Member]

Summary Of Significant Accounting Policies [Line Items]

$ 32,611

$ 36,526

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Description Of Business And Segment Reporting (Summary Of Capital Expenditures) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total capital expenditures	$ 49,166	$ 53,119	$ 14,914
Segment [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	49,023	52,989	14,310
Corporate [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	$ 143	$ 130	$ 604

Summary Of Significant Accounting Policies (Narrative) (Details)

3 Months Ended

12 Months Ended

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2016

USD ($)

segment

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

Restricted cash

$ 17,000

$ 160,000

$ 17,000

$ 160,000

Number of segments | segment

Goodwill impairment

$ 0

Advertising expense

2,300,000

2,100,000

Gains/(losses) on the settlement of litigation

$ 415,000

(495,000)

(83,000)

Additional paid in capital

3 years

Income tax expenses

$ (4,020,000)

(5,148,000)

^[1],[2]

8,925,000

^[1],[2]

Deferred tax asset

28,667,000

24,584,000

^[3]

28,667,000

24,584,000

^[3]

144,569,000

143,815,000

^[4],[5]

144,569,000

143,815,000

^[4],[5]

Other comprehensive income

9,673,000

6,877,000

^[2]

11,859,000

^[2]

30,165,000

30,062,000

^[4],[5]

30,165,000

30,062,000

^[4],[5]

Income tax expense, out of period adjustment

1,680,000

(7,723,000)

^[4],[5]

1,680,000

(7,723,000)

^[4],[5]

(1,286,000)

Summary Of Significant Accounting Policies [Line Items]

Income tax expenses

(4,943,000)

9,785,000

(9,478,000)

58,000,000

Summary Of Significant Accounting Policies [Line Items]

Income tax expenses

611,000

514,000

(233,000)

(205,000)

(860,000)

^[6]

Previously reported income tax expenses

1,800,000

Deferred tax asset

611,000

2,116,000

611,000

2,116,000

Additional paid in capital

793,000

Other comprehensive income

1,859,000

1,050,000

Non Income Producing Properties [Member]

$ 385,000

$ 1,755,000

385,000

1,755,000

56,200,000

Summary Of Significant Accounting Policies [Line Items]

Impairment losses

$ 0

Australia Country Cinemas, Pty Ltd [Member]

Summary Of Significant Accounting Policies [Line Items]

75.00%

Summary Of Significant Accounting Policies [Line Items]

Shadow View Land And Farming, LLC [Member]

75.00%

Summary Of Significant Accounting Policies [Line Items]

205-209 East 57th Street Associates, LLC [Member]

50.00%

Area of property | a

202

Summary Of Significant Accounting Policies [Line Items]

Summary Of Significant Accounting Policies [Line Items]

25.00%

Mt. Gravatt [Member]

Rialto Distribution [Member]

33.30%

Summary Of Significant Accounting Policies [Line Items]

Summary Of Significant Accounting Policies [Line Items]

33.30%

Rialto Cinemas [Member]

50.00%

Summary Of Significant Accounting Policies [Line Items]

Summary Of Significant Accounting Policies [Line Items]

20.00%

Maximum [Member]

50.00%

[1]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	December 31, 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes)
[4]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[5]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[6]	The income tax effect of $860,000 in 2014 relates to the cumulative breakage revenue as of December 31, 2014. The tax effect of the portion that relates to years prior to 2014 was not recognized until 2014 due to full valuation allowance on our deferred tax assets in the U.S. as of December 31, 2013 and prior.

Summary Of Significant Accounting Policies (Schedule Of Estimated Useful Lives Of Assets) (Details)	12 Months Ended
	Dec. 31, 2016
Building And Improvements [Member] \| Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	15 years
Building And Improvements [Member] \| Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	60 years
Theater Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	7 years
Furniture And Fixtures [Member] \| Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	5 years
Furniture And Fixtures [Member] \| Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life	10 years

Summary Of Significant Accounting Policies (Summary Of Currency Exchange Rates) (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Australian Dollar [Member] \| Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.7230	0.7286	0.8173
Australian Dollar [Member] \| Average Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.7440	0.7524	0.9027
New Zealand Dollar [Member] \| Spot Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6958	0.6842	0.7796
New Zealand Dollar [Member] \| Average Rate [Member]
Currency Exchange Rates [Line Items]
Foreign currency exchange rate	0.6973	0.7004	0.8306

Summary Of Significant Accounting Policies (Accounting Changes To Consolidated Statements Of Operations) (Details) - USD ($)

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

$ 67,451,000

^[1]

$ 71,315,000

$ 66,918,000

$ 64,789,000

$ 66,691,000

^[1]

$ 57,788,000

$ 72,802,000

$ 60,584,000

$ 270,473,000

$ 257,865,000

^[2],[3]

$ 255,242,000

^[2],[3]

Operating expense

(250,162,000)

(234,169,000)

^[3]

(232,575,000)

^[3]

Interest expense (net), casualty loss and others

20,311,000

23,696,000

^[3]

22,667,000

^[3]

(7,873,000)

3,279,000

(7,329,000)

Income before income taxes and equity earnings of unconsolidated joint ventures

12,438,000

26,975,000

^[3],[4]

15,338,000

^[3],[4]

999,000

1,204,000

^[3]

1,015,000

^[3]

13,437,000

28,179,000

^[3]

16,353,000

^[3]

(4,020,000)

(5,148,000)

^[3],[4]

8,925,000

^[3],[4]

$ 354,000

^[1]

$ 3,917,000

$ 2,922,000

$ 2,224,000

$ 3,595,000

^[1]

$ 328,000

$ 16,006,000

$ 3,102,000

$ 9,417,000

^[3]

$ 23,031,000

^[3]

$ 25,278,000

^[3]

$ 0.01

^[1]

$ 0.17

$ 0.13

$ 0.09

$ 0.14

^[1]

$ 0.02

$ 0.69

$ 0.14

$ 0.40

$ 0.99

^[3]

$ 1.08

^[3],[4]

Without Breakage Revenue [Member]

$ 0.02

^[1]

$ 0.16

$ 0.13

$ 0.09

$ 0.14

^[1]

$ 0.02

$ 0.68

$ 0.14

$ 0.40

$ 0.98

^[3]

$ 1.07

^[3],[4]

$ 269,855,000

Operating expense

(250,162,000)

Interest expense (net), casualty loss and others

19,693,000

(7,873,000)

Income before income taxes and equity earnings of unconsolidated joint ventures

11,820,000

999,000

12,819,000

(3,787,000)

$ 9,032,000

$ 0.39

$ 0.38

$ 257,323,000

$ 254,748,000

Operating expense

(234,169,000)

(232,575,000)

Interest expense (net), casualty loss and others

23,154,000

22,173,000

3,279,000

(7,329,000)

Income before income taxes and equity earnings of unconsolidated joint ventures

26,433,000

14,844,000

1,204,000

1,015,000

27,637,000

15,859,000

(4,943,000)

9,785,000

$ 22,694,000

$ 25,644,000

$ 0.98

$ 1.09

$ 0.97

$ 1.08

$ 618,000

$ 542,000

$ 494,000

^[5]

Income before income taxes and equity earnings of unconsolidated joint ventures

618,000

542,000

494,000

^[5]

618,000

542,000

494,000

^[5]

618,000

542,000

494,000

^[5]

$ 611,000

$ 514,000

(233,000)

(205,000)

(860,000)

^[5]

$ 385,000

$ 337,000

$ (366,000)

^[5]

$ 1,800,000

$ 0.01

$ (0.01)

^[5]

$ 0.02

$ 0.01

$ (0.01)

^[5]

[1]	Fourth Quarter Results included the impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Balances relating to Cinema segment included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[4]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[5]	The income tax effect of $860,000 in 2014 relates to the cumulative breakage revenue as of December 31, 2014. The tax effect of the portion that relates to years prior to 2014 was not recognized until 2014 due to full valuation allowance on our deferred tax assets in the U.S. as of December 31, 2013 and prior.

Summary Of Significant Accounting Policies (Accounting Changes To Consolidated Balance Sheets) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Current assets

$ 72,641

$ 36,921

^[1],[2]

28,667

24,584

^[1],[2]

Other non-current assets

304,458

310,693

405,766

372,198

^{[1],[2],[3],[4]}

10,758

11,771

^[1],[2]

55,228

60,731

Non-current liabilities

193,165

160,745

259,151

233,247

^[1],[2]

1,680

(7,723)

^[1],[2]

Other equity components

144,935

146,674

^[5]

146,615

138,951

^[1],[2]

$ 133,716

$ 123,531

Without Breakage Revenue [Member]

405,766

372,198

^[1],[2]

Current assets

72,641

28,900

Other non-current assets

304,458

405,999

11,376

55,228

Non-current liabilities

193,165

259,769

1,295

Other equity components

144,935

146,230

405,999

Current assets

36,921

25,649

Other non-current assets

310,693

373,263

14,591

60,731

Non-current liabilities

160,745

236,067

(9,478)

58,000

Other equity components

146,674

137,196

373,263

(233)

(1,065)

(233)

(1,065)

(618)

(2,820)

(618)

(2,820)

385

1,755

$ 56,200

385

1,755

$ (233)

$ (1,065)

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	The balance as of December 31, 2015 included the reclassification adjustment relating to netting of deferred financing costs amounting to $1.8 million, as discussed in Note 2 - Summary of Significant Accounting Policies - Recently Adopted and Issued Accounting Pronouncements.
[4]	The balances as of December 31, 2015 included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[5]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Summary Of Significant Accounting Policies (Accounting Changes To Consolidated Statements of Cash Flows) (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Adjustments to reconcile net income to net cash provided by operating activities:

$ 354

^[1]

$ 3,917

$ 2,922

$ 2,224

$ 3,595

^[1]

$ 328

$ 16,006

$ 3,102

$ 9,417

^[2]

$ 23,031

^[2]

$ 25,278

^[2]

Other reconciling adjustments

(5,060)

(4,067)

^[2]

(14,029)

^[2]

19,128

5,786

18,775

Net changes in operating assets and liabilities:

Other operating assets and liabilities

3,626

(745)

^[2]

2,183

^[2]

3,077

4,569

(3,864)

30,188

28,574

^[2]

28,343

^[2]

(42,861)

(29,710)

^[2]

(9,898)

^[2]

Net cash provided by/(used in) financing activities

11,246

(27,961)

^[2]

(3,275)

^[2]

Net increase (decrease) in cash and cash equivalents

742

(1,449)

^[2]

(2,618)

^[2]

(685)

(30,546)

^[2]

12,552

^[2]

Cash and cash equivalents at the beginning of the year

^[2]

19,702

^[3],[4]

50,248

19,702

^[3],[4]

50,248

37,696

Without Breakage Revenue [Member]

19,017

19,702

^[2],[3],[4]

19,017

19,702

^[2],[3],[4]

50,248

^[2]

$ 37,696

^[2]

Adjustments to reconcile net income to net cash provided by operating activities:

9,032

Other reconciling adjustments

(5,293)

19,128

Net changes in operating assets and liabilities:

Other operating assets and liabilities

4,244

3,077

30,188

(42,861)

Net cash provided by/(used in) financing activities

11,246

Net increase (decrease) in cash and cash equivalents

742

(685)

Cash and cash equivalents at the beginning of the year

19,702

$ 19,017

19,702

19,017

19,702

Adjustments to reconcile net income to net cash provided by operating activities:

22,694

25,644

Other reconciling adjustments

(4,272)

(14,889)

5,786

18,775

Net changes in operating assets and liabilities:

Other operating assets and liabilities

(203)

2,677

4,569

(3,864)

28,574

28,343

(29,710)

(9,898)

Net cash provided by/(used in) financing activities

(27,961)

(3,275)

Net increase (decrease) in cash and cash equivalents

(1,449)

(2,618)

(30,546)

12,552

Cash and cash equivalents at the beginning of the year

$ 19,702

$ 50,248

19,702

50,248

37,696

$ 19,702

19,702

50,248

37,696

Adjustments to reconcile net income to net cash provided by operating activities:

385

337

(366)

^[5]

$ 1,800

Net changes in operating assets and liabilities:

233

205

860

Net income attributable to RDI common stockholders

$ (618)

$ (542)

$ (494)

[1]	Fourth Quarter Results included the impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[4]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[5]	The income tax effect of $860,000 in 2014 relates to the cumulative breakage revenue as of December 31, 2014. The tax effect of the portion that relates to years prior to 2014 was not recognized until 2014 due to full valuation allowance on our deferred tax assets in the U.S. as of December 31, 2013 and prior.

Earnings Per Share (Computation Of Basic And Dilutes Earnings Per Share) (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1]

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

^[1]

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

^[3]

Earnings Per Share [Abstract]

$ 352

$ 3,855

$ 2,970

$ 2,226

$ 3,614

$ 381

$ 15,997

$ 3,118

$ 9,403

$ 23,110

^[2]

$ 25,335

^[2]

Weighted average shares of common stock – basic

23,320,048

23,293,696

^[2]

23,431,855

^[2]

Weighted average dilutive impact of stock-based awards

201,109

201,922

317,366

Weighted averageshares of common stock – diluted

23,521,157

23,495,618

^[2]

23,749,221

^[2]

Basic EPS attributable for RDI common stockholders

$ 0.01

$ 0.17

$ 0.13

$ 0.09

$ 0.14

$ 0.02

$ 0.69

$ 0.14

$ 0.40

$ 0.99

^[2]

$ 1.08

^[2]

Diluted EPS attributable to RDI common stockholders

$ 0.02

$ 0.16

$ 0.13

$ 0.09

$ 0.14

$ 0.02

$ 0.68

$ 0.14

$ 0.40

$ 0.98

^[2]

$ 1.07

^[2]

Awards excluded from diluted EPS

92,500

248,750

[1]	Fourth Quarter Results included the impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Real Estate Transactions (Narrative) (Details)
$ in Millions

12 Months Ended

Apr. 11, 2016

USD ($)

ft²

item

Feb. 25, 2016

USD ($)

Dec. 23, 2015

AUD ($)

ft²

item

Dec. 23, 2015

USD ($)

ft²

item

Nov. 30, 2015

AUD ($)

ft²

Nov. 30, 2015

USD ($)

ft²

Apr. 16, 2015

AUD ($)

Apr. 16, 2015

USD ($)

Apr. 01, 2015

NZD ($)

property

May 23, 2014

AUD ($)

May 23, 2014

USD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

Dec. 31, 2016

AUD ($)

Dec. 31, 2016

USD ($)

Mar. 31, 2016

NZD ($)

Mar. 31, 2016

USD ($)

Nov. 29, 2015

ft²

Apr. 30, 2015

NZD ($)

Apr. 30, 2015

USD ($)

Apr. 16, 2015

USD ($)

Apr. 01, 2015

USD ($)

May 12, 2014

AUD ($)

May 12, 2014

USD ($)

Gain (loss) on sale of assets

$ 210,298,000

^[1],[2]

$ 211,886,000

Percent of leasable area

50.00%

$ 393,000

11,023,000

^[3]

$ 25,000

^[3]

Goodwill

$ 19,715,000

^[1],[2]

$ 21,281,000

19,828,000

1 year

Maximum [Member]

5995 Sepulveda Blvd, Culver City [Member]

35 years

$ 11,200,000

Number of parking spaces | item

24,000

Burwood [Member]

$ 65.0

$ 48,200,000

Remaining purchase price

$ 58.5

42,300,000

Proceeds from the sale property

$ 52.1

$ 37,700,000

Area of property | a

50.6

$ 6.5

$ 5,900,000

Sale agreements, prepayment as a percentage of net sale price

90.00%

Doheny Condo, Los Angeles [Member]

Gain (loss) on sale of assets

$ 3,000,000

$ 2,800,000

Lake Taupo [Member]

Number of land parcels sold | property

Lake Taupo Parcel One [Member]

$ 3,400,000

$ 2,400,000

$ 2,200,000

$ 1,600,000

Lake Taupo Parcel Two [Member]

$ 1,800,000

$ 1,300,000

$ 1,200,000

$ 831,000

$ 615,000

$ 426,000

Moonee Ponds [Member]

Gain (loss) on sale of assets

$ 23.0

$ 17,500,000

$ 10.3

$ 8,000,000

Property Adjacent To Newmarket [Member]

Newmarket, Australia [Member]

23,000

Total consideration

$ 7.6

$ 5,500,000

Cannon Park, Queensland [Member]

227,000

204,000

Percentage of acquisition completed

133,000

100.00%

Payment to acquire property

$ 33.4

$ 24,100,000

Number of major tenants | item

75.00%

Number of specialty family oriented restaurant tenants | item

Number of retailers | item

Distance between two properties, Miles | mi

Percentage of property leased

98.00%

Number of land parcels acquired | item

Cannon Park, Queensland [Member] | Minimum [Member]

Cannon Park, Queensland [Member] | Maximum [Member]

9 months

Acquired Finite-Lived Intangible Assets [Line Items]

8 years

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Real Estate Transactions (Schedule Of Purchase Price Allocation) (Details) - Dec. 31, 2016
$ in Thousands, $ in Thousands

AUD ($)

USD ($)

^[1]

$ 11,142

$ 8,046

Above-Market Leases [Member]

16,518

11,928

Site improvements

2,321

1,676

Tenant improvements

957

691

Total assets acquired

33,522

24,207

Net assets acquired

33,392

24,113

Acquired Finite-Lived Intangible Assets [Line Items]

Acquired Finite-Lived Intangible Assets [Line Items]

In-Place Leases [Member]

Unamortized Leasing Commissions [Member]

2,135

1,542

Acquired Finite-Lived Intangible Assets [Line Items]

Unamortized Legal Fees [Member]

333

240

Acquired Finite-Lived Intangible Assets [Line Items]

Below-Market Leases [Member]

Acquired Finite-Lived Intangible Assets [Line Items]

Liabilities assumed

(130)

(94)

Acquired Finite-Lived Intangible Assets [Line Items]

10,421

7,525

22,971

16,588

Total assets acquired

33,392

24,113

Net assets acquired

33,392

$ 24,113

Acquired Finite-Lived Intangible Assets [Line Items]

^[2]

721

Adjustment [Member] | Above-Market Leases [Member]

^[2]

(6,453)

Site improvements

^[2]

2,321

Tenant improvements

^[2]

957

Total assets acquired

^[2]

130

Acquired Finite-Lived Intangible Assets [Line Items]

Adjustment [Member] | In-Place Leases [Member]

^[2]

Acquired Finite-Lived Intangible Assets [Line Items]

Adjustment [Member] | Unamortized Leasing Commissions [Member]

^[2]

2,135

Acquired Finite-Lived Intangible Assets [Line Items]

Adjustment [Member] | Unamortized Legal Fees [Member]

^[2]

333

Acquired Finite-Lived Intangible Assets [Line Items]

Adjustment [Member] | Below-Market Leases [Member]

^[2]

Acquired Finite-Lived Intangible Assets [Line Items]

Liabilities assumed

^[2]

$ (130)

[1]

The balances were translated into U.S. Dollars based on the applicable exchange rate as of the date of acquisition, December 23, 2015.

[2]

The measurement period adjustments were mainly due to the finalization of the valuations of the tangible land, building and improvements, site improvements and tenant improvements, as well as valuations of intangible assets and liabilities typically present in an acquisition of a regional mall with existing tenancies. This resulted in a reallocation of the purchase price from Building to other tangible assets (site and tenant improvements), as well as to intangible assets, including above and below market leases, in-place leases and unamortized lease origination costs.

Property And Equipment (Narrative) (Details) - USD ($)	12 Months Ended
Property And Equipment (Narrative) (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property And Equipment [Abstract]
Depreciation expense for operating property	$ 15,100,000	$ 13,600,000	$ 14,400,000
Capitalized interest charges	$ 297,000

Property And Equipment (Schedule Of Property And Equipment) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Property And Equipment [Abstract]

$ 73,803

$ 70,063

Less: accumulated depreciation

122,863

126,622

Leasehold improvements

46,902

46,874

Fixtures and equipment

118,180

112,423

Construction-in-progress

11,517

7,825

Total cost

373,265

363,807

(161,379)

(153,509)

Operating property, net

$ 211,886

$ 210,298

^[1],[2]

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Property And Equipment (Schedule Of The Gross And Carrying Amounts Of The Properties Leased Of Held-For-Leasing) (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Property And Equipment [Abstract]
Gross	$ 33,879
Accumulated Depreciation	9,982
Net Book Value	$ 23,897

Property And Equipment (Summary Of Investment And Development Property) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

$ 43,687

$ 23,002

^[1],[2]

Land [Member]

24,616

21,434

Building [Member]

Construction-In-Progress (including capitalized interest) [Member]

1,900

Schedule of Equity Method Investments [Line Items]

$ 17,171

$ 1,568

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Investments In Unconsolidated Joint Ventures (Narrative) (Details)				12 Months Ended
	Jun. 14, 2011 USD ($)	Jun. 02, 2009 USD ($)	Jun. 26, 2006 USD ($)	Dec. 31, 2016 item	Dec. 31, 2014 USD ($)	Dec. 31, 2009 USD ($)
Schedule of Equity Method Investments [Line Items]
Debt instrument term				3 years
Rialto Cinemas [Member]
Schedule of Equity Method Investments [Line Items]
Number of movie theatre \| item				2
Number of screens on property \| item				13
Equity Method Investment, Ownership Percentage				50.00%
Mt. Gravatt [Member]
Schedule of Equity Method Investments [Line Items]
Number of screens on property \| item				16
Equity Method Investment, Ownership Percentage				33.30%
Malulani Investments, Limited [Member]
Schedule of Equity Method Investments [Line Items]
Payment for investment in joint venture			$ 1,800,000
Cash received from settlement		$ 2,500,000
Note receivable		$ 6,800,000
Interest rate		6.25%
Noncontrolling interests			18.40%
Debt instrument term				3 years
Period of tail interest received in settlement agreement				10 years
Gain on transfer of ownership interest						$ 268,000
Interest received					$ 191,000
Proceeds from note receivable	$ 6,800,000

Investments In Unconsolidated Joint Ventures (Summary Of The Investments In Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Total investments

$ 5,071

$ 5,370

^[1],[2]

Rialto Distribution [Member]

Schedule of Equity Method Investments [Line Items]

Schedule of Equity Method Investments [Line Items]

33.30%

Rialto Cinemas [Member]

Schedule of Equity Method Investments [Line Items]

50.00%

Total investments

$ 1,197

1,276

Mt. Gravatt [Member]

33.30%

Total investments

$ 3,874

$ 4,094

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Investments In Unconsolidated Joint Ventures (Summary Of Equity Earnings (Loss) From Investments In Unconsolidated Joint Ventures And Entities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]
Total equity earnings	$ 999	$ 1,204	$ 1,015
Rialto Distribution [Member]
Schedule of Equity Method Investments [Line Items]
Total equity earnings		22	120
Rialto Cinemas [Member]
Schedule of Equity Method Investments [Line Items]
Total equity earnings	194	136	297
Mt. Gravatt [Member]
Schedule of Equity Method Investments [Line Items]
Total equity earnings	$ 805	$ 1,046	$ 598

Goodwill And Intangible Assets (Narrative) (Details) - USD ($)

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Intangible assets amortization

Goodwill impairment

$ 0

1,900,000

1,700,000

$ 2,000,000

Beneficial Leases [Member]

10,037,000

9,889,000

^[1],[2]

$ 6,801,000

6,685,000

Trade Name [Member]

Intangible assets estimated useful life

45 years

Other Intangible Assets [Member]

$ 2,620,000

2,954,000

Intangible assets estimated useful life

30 years

$ 616,000

$ 250,000

Liquor Licenses [Member]

Maximum [Member] | Beneficial Leases [Member]

$ 389,000

Intangible assets estimated useful life

30 years

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Goodwill And Intangible Assets (Summary Of Goodwill) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Goodwill [Line Items]

Goodwill, Beginning balance

$ 19,715

^[1],[2]

$ 21,281

Foreign currency translation adjustment

113

(1,566)

Goodwill, Ending balance

19,828

19,715

^[1],[2]

Cinema [Member]

Goodwill [Line Items]

Goodwill, Beginning balance

14,491

16,057

Foreign currency translation adjustment

113

(1,566)

Goodwill, Ending balance

14,604

14,491

Real Estate [Member]

Goodwill [Line Items]

Goodwill, Beginning balance

5,224

Foreign currency translation adjustment

Goodwill, Ending balance

$ 5,224

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Goodwill And Intangible Assets (Summary Of Intangible Assets Other Than Goodwill) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

$ 37,009

$ 34,743

(26,972)

(24,854)

Beneficial Leases [Member]

10,037

9,889

^[1],[2]

28,671

26,793

(21,870)

(20,108)

6,801

6,685

Trade Name [Member]

7,254

(4,634)

(4,300)

Other Intangible Assets [Member]

2,620

2,954

1,084

696

(468)

(446)

Investment in marketable securities

$ 616

$ 250

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Goodwill And Intangible Assets (Schedule Of Estimated Amortization Expense) (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Goodwill And Intangible Assets [Abstract]
2017	$ 1,751
2018	1,643
2019	1,171
2020	802
2021	802
Thereafter	3,479
Total future amortization expense	$ 9,648

Prepaid And Other Assets (Summary Of Prepaid And Other Assets) (Details) - USD ($)

Dec. 31, 2016

Dec. 31, 2015

Prepaid And Other Assets [Abstract]

Prepaid expenses

$ 981,000

$ 879,000

Prepaid taxes

1,622,000

1,023,000

Income taxes receivable

1,476,000

2,137,000

Prepaid rent

1,237,000

1,021,000

Deposits

404,000

369,000

Restricted cash

17,000

160,000

50,000

51,000

Total prepaid and other current assets

5,787,000

5,640,000

^[1],[2]

Recoverable asset

^[3]

9,480,000

Other non-cinema and non-rental real estate assets

1,134,000

Interest rate cap at fair vlue

1,000

Straight-line rent

2,457,000

2,417,000

Long-term deposits

39,000

63,000

Total non-current assets

$ 13,111,000

$ 3,615,000

^[1],[2]

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Refer to Note 20 - Asset Impairment and Other Losses Recoverable through Insurance Claim for further discussion on this item.

Income Taxes (Narrative) (Details) - USD ($)

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Alternative minimum tax carry forwards

Valuation allowance

$ 10,593,000

$ 11,530,000

^[1]

Net deferred tax asset

28,667,000

24,584,000

^[1]

1,690,000

540,000

^[1]

Accrued income taxes, current judgment

2,600,000

Increase (decrease) to unrecognized tax interest

400,000

500,000

Unrecognized tax interest

6,300,000

5,900,000

Impact of effective tax rate if recognized

10,000,000

9,400,000

Uncertain tax position probable changes in next 12 months

1,500,000

500,000

Unrecognized tax benefits – net

11,480,000

$ 11,022,000

$ 3,760,000

$ 2,160,000

Alternative minimum tax carry forwards

2,000,000

New Zealand [Member]

12,000,000

Puerto Rico [Member]

14,100,000

New York State [Member]

45,000,000

New York City [Member]

$ 40,000,000

[1]	December 31, 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes)

Income Taxes (Schedule Of Income (Loss) Before Income Tax Expense) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Income before income taxes and equity earnings of unconsolidated joint ventures

$ 12,438

$ 26,975

^[1],[2]

$ 15,338

^[1],[2]

Equity earnings and gain on sale of unconsolidated subsidiary

999

1,204

^[2]

1,015

^[2]

13,437

28,179

^[1]

16,353

^[1]

Income before income taxes and equity earnings of unconsolidated joint ventures

(1,886)

3,826

^[1]

3,271

^[1]

Foreign [Member]

Income before income taxes and equity earnings of unconsolidated joint ventures

14,324

23,149

^[1]

12,067

^[1]

Equity earnings and gain on sale of unconsolidated subsidiary

$ 999

$ 1,204

^[1]

$ 1,015

^[1]

[1]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Income Taxes (Schedule Of Significant Components Of Provision For Income Taxes) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

^[1]

Dec. 31, 2014

^[1]

Current income tax expense, Federal

$ 2,982

$ 481

$ 827

Current income tax expense, State

675

516

511

Current income tax expense, Foreign

4,685

3,120

1,251

Current income tax expense, Total

8,342

4,117

2,589

Deferred income tax expense (benefit), Federal

(4,197)

612

(13,611)

Deferred income tax expense (benefit), State

(422)

(940)

(1,104)

Deferred income tax expense (benefit), Foreign

297

1,359

3,201

Deferred income tax expense (benefit), Total

(4,322)

1,031

(11,514)

Total income tax expense (benefit)

$ 4,020

$ 5,148

^[2]

$ (8,925)

^[2]

[1]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Income Taxes (Schedule Of Components Of Deferred Tax Assets And Liabilities) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

^[1]

Alternative minimum tax credit carry-forwards

$ 11,940

$ 13,286

1,690

540

Compensation and employee benefits

6,221

5,531

Deferred revenue

5,486

6,592

Accrued expenses

7,134

7,971

Accrued taxes

3,381

3,285

Land and property

12,857

11,264

Total Deferred Tax Assets

995

1,058

49,704

49,527

Intangibles

(1,482)

(2,321)

Cancellation of indebtedness

(1,559)

(2,396)

Notes receivable

(7,403)

(8,696)

Total Deferred Tax Liabilities

(10,444)

(13,413)

Net deferred tax assets before valuation allowance

39,260

36,114

Valuation allowance

(10,593)

(11,530)

Net deferred tax asset

$ 28,667

$ 24,584

[1]	December 31, 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes)

Income Taxes (Schedule Of Income Tax Reconciliation Items) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

^[1]

Foreign tax rate differential

Expected tax provision

$ 4,566

$ 9,581

^[1]

$ 5,739

(648)

(654)

^[1]

1,252

Change in valuation allowance

129

1,531

^[1]

(16,580)

Indefinite reinvestment assertion

^[1]

(3,089)

State and local tax provision

307

1,133

^[1]

461

State rate and law change

^[1]

(3,635)

Prior year adjustments

(954)

(514)

^[1]

Unrecognized tax benefits

262

946

^[1]

700

Actual tax provision (benefit)

358

(151)

^[1]

(497)

$ 4,020

$ 5,148

^[1],[2]

$ (8,925)

^[2]

[1]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[2]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Income Taxes (Summary Of The Activity Related To Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Abstract]
Unrecognized tax benefits – gross beginning balance	$ 11,022	$ 3,760	$ 2,160
Gross increases - prior period tax provisions	133	6,679	1,600
Gross increases – current period tax positions	325	583
Unrecognized tax benefits – gross ending balance	$ 11,480	$ 11,022	$ 3,760

Debt (Trust Preferred Securities) (Narrative) (Details)
$ in Millions

1 Months Ended

12 Months Ended

Dec. 23, 2015

AUD ($)

Oct. 28, 2013

USD ($)

May 01, 2012

Apr. 30, 2009

USD ($)

Dec. 31, 2008

USD ($)

Feb. 05, 2007

USD ($)

Dec. 31, 2011

USD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2009

USD ($)

Dec. 31, 2008

USD ($)

Dec. 31, 2014

USD ($)

Mar. 31, 2009

USD ($)

Trust preferred securities issued

3 years

$ 51,500,000

Trust preferred securities issued to third party

50,000,000

Trust preferred securities issued to parent

1,500,000

Interest rate swap

$ 58,000

$ 156,000

Investment in common trust securities

1,500,000

838,000

^[1],[2]

Trust preferred dividends paid

1,400,000

Preferred stock dividends payable

$ 184,000

$ 198,000

Marketable securities

$ 11,500,000

Amortization of debt discount

$ 2.0

Trust Preferred Securities [Member]

Trust preferred securities

$ 51,500,000

$ 22,900,000

Period of initial interest rate

20 years

Initial interest rate

9.22%

5 years

3 months

4.00%

$ 27,900,000

1.20%

Fixed interest rate margin

4.00%

Initial period of payoff restriction

Apr. 30, 2027

Principal payment

$ 0

5 years

Percentage of principal that may be paid without penalty after initial restriction period

100.00%

Period of waiver on all financial covenants

9 years

Financial covenant waiver payment due

$ 1,600,000

$ 270,000

Financial covenant waiver payment

$ 1,100,000

$ 270,000

Frequency of interest payment

3 months

Extinguishment of debt

$ 22,900,000

Amortization of debt discount

$ 106,000

Gain on retirement of subordinated debt

10,700,000

Write-off of deferred loan costs

$ 749,000

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Debt (Bank Of America Credit Facility) (Narrative) (Details) - USD ($) $ in Thousands		12 Months Ended
	Mar. 03, 2016	Dec. 31, 2016	Dec. 31, 2015	Nov. 28, 2014	Nov. 27, 2014
Debt Instrument [Line Items]
Contractual facility		$ 266,233	$ 207,075
US Bank Of America Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity				$ 55,000	$ 35,000
Contractual facility	$ 55,000	$ 55,000	$ 55,000
Reduced leverage ratio	0.25%
Minimum [Member] \| US Bank Of America Credit Facility [Member]
Debt Instrument [Line Items]
Spread over LIBOR		2.50%
Maximum [Member] \| US Bank Of America Credit Facility [Member]
Debt Instrument [Line Items]
Spread over LIBOR		3.00%

Debt (Bank Of America Line Of Credit) (Narrative) (Details) - US Bank Of America Line Of Credit [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Nov. 30, 2012	Oct. 30, 2012
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 5.0	$ 3.0
Spread on variable interest rate	3.00%
Maturity date	Oct. 31, 2019	Oct. 31, 2017
Unused line fee	0.03%

Debt (Cinemas 1, 2, 3 Term Loan And Line Of Credit) (Narrative) (Details) - USD ($)
$ in Thousands

12 Months Ended

Aug. 31, 2016

Jun. 27, 2016

Jun. 26, 2016

Dec. 31, 2016

Dec. 31, 2015

Jul. 01, 2016

$ 266,233

$ 207,075

US Cinema 1, 2, 3 Term Loan [Member]

75.00%

75.00%

$ 15,000

$ 20,000

^[1]

$ 15,000

^[2]

Oct. 01, 2016

Jul. 01, 2016

Sep. 01, 2019

^[1]

Jul. 01, 2016

^[2]

Line of credit facility, maximum borrowing capacity

3.25%

$ 20,000

$ 6,000

US Cinema 1, 2, 3 Term Loan [Member] | Sutton Hill Capital, LLC [Member]

$ 15,000

[1]

The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. The term loan for our Cinema 1,2,3 Theatre, which was previously provided by Santander Bank, was refinanced during the third quarter of 2016 with Valley National Bank. The new term loan, which is collateralized by our new U.S Corporate Headquarters office building purchased in April 2016, was obtained with Citizens Asset Finance, Inc. during the fourth quarter of 2016. Refer below for further discussions on these new loan arrangements.

[2]

In 2015, the loans for our Cinema 1,2,3 and Minetta & Orpheum Theatres were obtained from Bank of Santander, while the Union Square line of credit was obtained through East West Bank.

Debt (Minetta And Orpheum Theatres Loan) (Narrative) (Details) - USD ($)
$ in Thousands

12 Months Ended

May 29, 2013

Dec. 31, 2016

Dec. 31, 2015

^[2]

Minetta and Orpheum Theatres Loan [Member]

$ 148,535

$ 7,500

Jun. 01, 2018

^[1]

Jun. 01, 2018

2.75%

Interest rate cap

4.00%

[1]

[2]

In 2015, the loans for our Cinema 1,2,3 and Minetta & Orpheum Theatres were obtained from Bank of Santander, while the Union Square line of credit was obtained through East West Bank.

Debt (US Union Square Construction Financing) (Narrative) (Details)
$ in Thousands

12 Months Ended

Jun. 02, 2015

USD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 29, 2016

loan

US Union Square Line Of Credit [Member]

$ 266,233

$ 207,075

$ 8,000

57,500

^[1]

Advanced to Date

8,000

US Union Square Line Of Credit [Member] | Bank Of The Ozarks [Member]

57,500

Number of loan tranches | loan

50,000

US Union Square Line Of Credit [Member] | Bank Of The Ozarks [Member] | Senior Loan [Member]

Advanced to Date

8,000

US Union Square Line Of Credit [Member] | Tammany Mezz Investor, LLC [Member] | Mezzanine Loan [Member]

8,000

7,500

$ 7,500

[1]

In December 2016, we successfully negotiated the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million to repay the existing line of credit with East West Bank, which was originally scheduled to mature on July 2, 2017. Refer below for further discussions on this construction financing.

Debt (U.S. Corporate Office Term Loan) (Narrative) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

3 years

U.S. Corporate Office Term Loan [Member]

$ 266,233

$ 207,075

10 years

^[1]

$ 8,363

[1]

Debt (Australian NAB Corporate Term Loan And Revolver) (Narrative) (Details) $ in Thousands, $ in Millions		12 Months Ended
	Dec. 23, 2015 AUD ($)	Dec. 31, 2016 USD ($)	Dec. 23, 2015 USD ($)
Debt Instrument [Line Items]
Amortization of debt discount	$ 2.0
Notes payable		$ 148,535
Bank Guarantee Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 5.0		$ 3,600
Facility fee	1.90%
NAB Australian Corporate Term Loan And Revolver Tier 1 [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 61.3
Spread on variable interest rate	2.35%
NAB Australian Corporate Term Loan And Revolver Tier 2 [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 10.0
Spread on variable interest rate	1.50%
NAB Australian Corporate Term Loan And Revolver Tier 3 [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 5.0
Revolving Corporate Markets Loan Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 66.5		$ 48,100
Spread on variable interest rate	0.95%
Facility fee		0.95%
Maturity date		Jun. 30, 2019

Debt (New Zealand Corporate Credit Facility) (Narrative) (Details)
$ in Thousands, $ in Millions

12 Months Ended

May 21, 2015

NZD ($)

Dec. 31, 2016

NZD ($)

item

Dec. 31, 2016

USD ($)

item

Dec. 31, 2015

NZD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2016

USD ($)

Line of credit facility, term

3 years

Contractual facility | $

$ 266,233

$ 207,075

Westpac Bank Corporate Credit Facility [Member]

$ 50.0

$ 36,877

^[1]

$ 34,210

^[2]

1.75%

Number of tranches | item

Mar. 31, 2018

^[1]

Mar. 31, 2018

^[1]

Mar. 31, 2018

^[2]

Mar. 31, 2018

^[2]

New Zealand Corporate Credit Facility, Tranch 1 [Member]

Line of credit facility, maximum borrowing capacity

$ 53.0

$ 36,900

Line of credit facility, increase in maximum borrowing capacity

3.0

$ 2,100

New Zealand Corporate Credit Facility, Tranch 2 [Member]

50.0

$ 35.0

$ 23,900

$ 18.0

$ 12,500

$ 15.0

$ 10,300

[1]	The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2016.
[2]	The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollar based on the applicable exchange rates as of December 31, 2015.

Debt (Summary Of Notes Payable) (Details)
$ in Thousands, $ in Millions

12 Months Ended

Aug. 31, 2016

USD ($)

Jun. 27, 2016

USD ($)

Jun. 26, 2016

Mar. 03, 2016

USD ($)

Jun. 02, 2015

USD ($)

May 21, 2015

NZD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

$ 266,233

$ 207,075

148,535

130,941

Deferred financing costs, net

143,614

^[1]

129,113

^[2]

$ 4,900

$ 1,800

Trust Preferred Securities [Member]

Apr. 30, 2027

$ 27,913

27,913

$ 27,340

^[1]

$ 27,125

^[2]

4.89%

4.32%

US Bank Of America Credit Facility [Member]

5.20%

^[3]

5.20%

^[4]

Nov. 28, 2019

$ 55,000

39,950

29,750

$ 39,759

^[1]

$ 29,321

^[2]

3.27%

2.92%

US Bank Of America Line Of Credit [Member]

3.90%

^[3]

3.65%

^[4]

Oct. 31, 2019

Oct. 31, 2017

$ 5,000

2,500

^[2]

$ 2,500

3.77%

3.42%

US Cinema 1, 2, 3 Term Loan [Member]

3.77%

^[3]

3.42%

^[4]

Oct. 01, 2016

Jul. 01, 2016

Sep. 01, 2019

^[5]

Jul. 01, 2016

^[6]

$ 15,000

$ 20,000

^[5]

$ 15,000

^[6]

19,901

^[5]

15,000

^[6]

$ 19,356

^[1],[5]

$ 14,887

^[2],[6]

3.25%

^[5]

3.75%

^[6]

US Cinemas 1, ,2, 3 Line Of Credit [Member]

3.25%

^[3],[5]

3.75%

^[4],[6]

^[6]

Jul. 01, 2016

^[6]

$ 6,000

^[6]

3.75%

Minetta and Orpheum Theatres Loan [Member]

^[4],[6]

3.75%

Jun. 01, 2018

^[5]

Jun. 01, 2018

^[6]

$ 7,500

^[5]

$ 7,500

^[6]

7,500

^[5]

7,500

^[6]

$ 7,398

^[1],[5]

$ 7,326

^[2],[6]

3.38%

^[5]

3.00%

^[6]

U.S. Corporate Office Term Loan [Member]

3.38%

^[3],[5]

3.00%

^[4],[6]

^[5]

Jan. 01, 2027

^[5]

$ 8,363

^[5]

8,363

^[1],[5]

$ 8,239

^[5]

4.64%

US Union Square Line Of Credit [Member]

^[3],[5]

4.64%

^[7]

Dec. 29, 2019

$ 8,000

$ 57,500

^[7]

^[7]

8,000

^[1],[7]

$ 4,751

^[7]

4.52%

US Union Square Theatre Term Loan [Member]

^[3],[7]

4.52%

^[6]

Jul. 02, 2017

^[6]

$ 8,000

^[6]

8,000

^[2],[6]

$ 7,858

^[6]

3.65%

National Australia Bank ("NAB") Corporate Term Loan [Member]

^[4],[6]

3.65%

Jun. 30, 2019

^[8]

Jun. 30, 2019

^[9]

$ 48,080

^[8]

$ 48,452

^[9]

28,558

^[8]

26,594

^[9]

$ 28,421

^[1],[8]

$ 26,412

^[2],[9]

2.64%

^[8]

3.06%

^[9]

Westpac Bank Corporate Credit Facility [Member]

2.64%

^[3],[8]

3.06%

^[4],[9]

Mar. 31, 2018

^[8]

Mar. 31, 2018

^[9]

$ 50.0

$ 36,877

^[8]

$ 34,210

^[9]

8,350

^[8]

13,684

^[9]

$ 8,350

^[1],[8]

$ 13,684

^[2],[9]

3.80%

^[8]

4.45%

^[9]

3.80%

^[3],[8]

4.45%

^[4],[9]

[1]	Net of deferred financing costs amounting to $4.9 million.
[2]	The balance as of December 31, 2015 included the reclassification adjustment relating to netting of deferred financing costs amounting to $1.8 million, as discussed in Note 2 - Summary of Significant Accounting Policies - Recently Adopted and Issued Accounting Pronouncements.
[3]	Effective interest rate includes the impact of interest rate derivatives hedging the interest rate risk associated with Trust Preferred Securities and Bank of America Credit Facility that were outstanding as of December 31, 2016.
[4]	Effective interest rate includes the impact of interest rate derivatives hedging the interest rate risk associated with Trust Preferred Securities and Bank of America Credit Facility that were outstanding as of December 31, 2015.
[5]	The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. The term loan for our Cinema 1,2,3 Theatre, which was previously provided by Santander Bank, was refinanced during the third quarter of 2016 with Valley National Bank. The new term loan, which is collateralized by our new U.S Corporate Headquarters office building purchased in April 2016, was obtained with Citizens Asset Finance, Inc. during the fourth quarter of 2016. Refer below for further discussions on these new loan arrangements.
[6]	In 2015, the loans for our Cinema 1,2,3 and Minetta & Orpheum Theatres were obtained from Bank of Santander, while the Union Square line of credit was obtained through East West Bank.
[7]	In December 2016, we successfully negotiated the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million to repay the existing line of credit with East West Bank, which was originally scheduled to mature on July 2, 2017. Refer below for further discussions on this construction financing.
[8]	The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollars based on the applicable exchange rates as of December 31, 2016.
[9]	The contractual facilities and outstanding balances of the FC-denominated borrowings were translated into U.S. dollar based on the applicable exchange rates as of December 31, 2015.

Debt (Schedule Of Long-term Debt Instruments, Net Of The Deferred Financing Costs) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Debt [Abstract]

Debt – current portion

$ 567

$ 14,887

^[1],[2]

Debt – long-term portion

115,707

87,101

^[1],[2]

Maximum [Member] | New York State [Member]

27,340

27,125

^[1],[2]

Total

$ 143,614

^[3]

$ 129,113

^[4]

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Net of deferred financing costs amounting to $4.9 million.
[4]	The balance as of December 31, 2015 included the reclassification adjustment relating to netting of deferred financing costs amounting to $1.8 million, as discussed in Note 2 - Summary of Significant Accounting Policies - Recently Adopted and Issued Accounting Pronouncements.

Debt (Schedule of Construction Financing) (Details)
$ in Thousands

12 Months Ended

Dec. 31, 2016

USD ($)

item

US Union Square Line Of Credit [Member]

16.00%

Number of extension options | item

$ 57,500

8,000

$ 49,500

2.95%

Dec. 29, 2019

^[1]

Extension period

1 year

US Union Square Line Of Credit [Member] | Bank Of The Ozarks [Member] | Senior Loan [Member]

$ 8,000

Advanced to Date

$ 8,000

4.25%

^[2]

US Union Square Line Of Credit [Member] | Bank Of The Ozarks [Member] | Building Loan [Member]

Dec. 29, 2019

^[3]

$ 31,130

Remaining Facility

$ 31,130

4.25%

^[2]

US Union Square Line Of Credit [Member] | Bank Of The Ozarks [Member] | Project Loan [Member]

Dec. 29, 2019

^[3]

$ 10,870

Remaining Facility

$ 10,870

4.25%

^[2]

US Union Square Line Of Credit [Member] | Tammany Mezz Investor, LLC [Member] | Mezzanine Loan [Member]

Dec. 29, 2019

^[3]

$ 7,500

Remaining Facility

$ 7,500

10.00%

^[2]

US Union Square Line Of Credit [Member] | Minimum [Member] | Bank Of The Ozarks [Member] | Senior Loan [Member]

Dec. 29, 2019

^[3]

US Union Square Line Of Credit [Member] | Minimum [Member] | Bank Of The Ozarks [Member] | Building Loan [Member]

4.75%

^[2]

US Union Square Line Of Credit [Member] | Minimum [Member] | Bank Of The Ozarks [Member] | Project Loan [Member]

4.75%

^[2]

US Union Square Line Of Credit [Member] | Minimum [Member] | Tammany Mezz Investor, LLC [Member] | Mezzanine Loan [Member]

4.75%

^[2]

10.50%

[1]	In December 2016, we successfully negotiated the construction financing for our Union Square redevelopment project, $8.0 million of which was advanced from the total construction loan limit of $57.5 million to repay the existing line of credit with East West Bank, which was originally scheduled to mature on July 2, 2017. Refer below for further discussions on this construction financing.
[2]	Not to exceed the New York State maximum lawful borrowing rate, which typically is 16%.
[3]	Allowable for up to two (2) extension request options, one (1) year for each extension request.

Debt (Schedule Of Future Principal Loan Payments) (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Debt [Abstract]
2017	$ 567
2018	16,453
2019	95,793
2020	208
2021	218
Thereafter	35,296
Total	$ 148,535

Pension And Other Liabilities (Narrative) (Details) - USD ($)

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Aug. 29, 2014

$ 211,886,000

$ 210,298,000

^[1],[2]

Beneift obligation, gross

^[3]

5,900,000

Accrued pension costs

5,732,000

^[4]

6,236,000

^[4]

$ 7,500,000

$ 10,200,000

Discount rate

4.25%

Discount term

15 years

Monthly estate payment amount

$ 56,944

Discounted value

2,700,000

Accumulated prior service cost

$ 3,100,000

Accumulated prior service cost amortization period

15 years

Accrued pension costs included in other liabilities

$ 8,000,000

7,800,000

Service cost

$ 0

10 years

Jun. 30, 2020

Purchase option

$ 5,900,000

4,700,000

Cinema Ground Lease [Member]

$ 5,900,000

Chief Executive Officer [Member]

Jun. 01, 2031

Estimated amortization of prior service cost next fiscal year

$ 207,000

Supplemental Executive Retirement Plans [Member]

Liability for demolition costs

Accrued pension costs

$ 7,600,000

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Represents the lease liability of the option associated with the ground lease purchase of the Village East Cinema. See below for more information.
[4]	Represents the pension liability associated with the Supplemental Executive Retirement Plan explained below.

Pension And Other Liabilities (Summary Of Other Liabilities Including Pension) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Aug. 29, 2014

Other Liabilities [Abstract]

^[1]

$ 5,914

Lease liability

^[2]

5,900

$ 5,900

Accrued pension

^[3]

2,223

1,539

Security deposit payable

180

Straight-line rent liability

14,131

7,640

^[4],[5]

12,413

10,823

Accrued pension

5,732

^[3]

6,236

^[3]

$ 7,500

Lease make-good provision

5,146

5,228

$ 4,385

Environmental reserve

1,656

Interest rate swap

156

Deferred revenue - real estate

4,398

4,596

Acquired leases

267

866

495

501

$ 30,165

$ 30,062

^[4],[5]

[1]	Refer to Note 20 - Asset Impairment and Other Losses Recoverable through Insurance Claim for details on the estimation of the demolition costs for our Courtenay Central parking structure.
[2]	Represents the lease liability of the option associated with the ground lease purchase of the Village East Cinema. See below for more information.
[3]	Represents the pension liability associated with the Supplemental Executive Retirement Plan explained below.
[4]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[5]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Pension And Other Liabilities (Schedule Of Change In Pension Benefit Obligation And Funded Status) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Pension And Other Liabilities [Abstract]
Benefit obligation at beginning of period	$ 7,775	$ 7,595
Interest cost	180	180
Actuarial gain
Benefit obligation at end of period	7,955	7,775
Funded status at end of period	$ (7,955)	$ (7,775)

Pension And Other Liabilities (Schedule Of Pension Benefit Obligation Recognized In Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Pension And Other Liabilities [Abstract]
Current liabilities	$ 2,223	$ 1,539
Other liabilities - Non current	5,732	6,236
Total pension liability	$ 7,955	$ 7,775

Pension And Other Liabilities (Schedule Of The Components Of Net Periodic Benefit Cost And Other Amounts Recognized In Other Comprehensive Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Pension And Other Liabilities [Abstract]
Interest cost	$ 180	$ 180
Amortization of net actuarial gain	129	207
Net periodic benefit cost	309	387
Amortization of net loss	(129)	(207)
Total recognized in other comprehensive income	(129)	(207)
Total recognized in net periodic benefit costs and other comprehensive income	$ 180	$ 180

Pension And Other Liabilities (Schedule Of Items Not Recognized As A Component Of Net Periodic Pension Cost) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Pension And Other Liabilities [Abstract]
Unamortized actuarial loss	$ 2,719	$ 2,848
Accumulated other comprehensive loss	$ 2,719	$ 2,848

Pension And Other Liabilities (Schedule Of Expected Benefit Payments) (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Pension And Other Liabilities [Abstract]
2017	$ 2,223
2018	684
2019	684
2020	684
2021	684
Thereafter	2,996
Total pension payments	$ 7,955

Pension And Other Liabilities (Schedule Of Reconciliation Of The Lease Make-Good Provision) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Pension And Other Liabilities [Abstract]
Lease make-good provision, Beginning balance	$ 5,228	$ 4,385
Liabilities incurred during the year	35	1,314
Liabilities settled during the year	(365)	(381)
Accretion expense	262	212
Effect of changes in foreign currency	(14)	(302)
Lease make-good provision, Ending balance	$ 5,146	$ 5,228

Commitments And Contingencies (Narrative) (Details)

1 Months Ended

12 Months Ended

24 Months Ended

Apr. 30, 2016

USD ($)

Dec. 31, 2016

NZD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

NZD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2016

USD ($)

Aug. 03, 2016

May 31, 2016

Total debt of unconsolidated joint ventures and entities

$ 1,500,000

$ 1,000,000

$ 1,500,000

$ 1,000,000

Share of unconsolidated debt, based on ownership percentage

500,000

Accrued debt

500,000

348,000

$ 500,000

342,000

State tax obligation

(954,000)

$ (514,000)

^[1]

Coverage limit

$ 35,900,000

25,000,000

Tax Audit/Litigation [Member]

Derivative Litigation And James J. Cotter, Jr. Employment Arbitration [Member]

Income tax obligation

2,600,000

$ 2,600,000

Incurred expenses exceeding insurance limit

Litigation expense

12,800,000

$ 14,900,000

Insurance deductible

500,000

Coverage limit

10,000,000

3,800,000

The STOMP Arbitration [Member]

Litigation interest percent

Settlement awarded

$ 2,300,000

4.00%

Litigation payment received

$ 415,000

Litigation final payment date

June 2019

Class B [Member] | Derivative Litigation And James J. Cotter, Jr. Employment Arbitration [Member]

Shares held by estate | shares

100,000

Class B [Member] | Cotter Estate [Member] | Derivative Litigation And James J. Cotter, Jr. Employment Arbitration [Member]

Shares held by estate | shares

327,808

Class B [Member] | Cotter Trust [Member] | Derivative Litigation And James J. Cotter, Jr. Employment Arbitration [Member]

Shares held by estate | shares

696,080

[1]	2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Commitments And Contingencies (Schedule Of Base And Contingent Rental Expenses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Commitments And Contingencies [Abstract]
Base rent expense	$ 29,824	$ 30,565	$ 30,914
Contingent rental expense	1,484	1,848	1,223
Total cinema rent expense	$ 31,308	$ 32,413	$ 32,137

The increases or decreases in lease payments that result from changes occurring after the inception of the lease in the factors (other than the passage of time) on which lease payments are based, except that any escalation of minimum lease payments relating to increases in construction or acquisition cost of the leased property or for increases in some measure of cost or value during the construction or preconstruction period, are excluded from contingent rentals. Contingent rentals also may include amounts for which the triggering events have not yet occurred or the specified targets for which have not yet been achieved (such as sales based percentage rent), but which events are considered probable of occurring or which specified targets are considered probable of being achieved.

Commitments And Contingencies (Schedule Of Future Minimum Lease Payments Under Non-Cancelable Operating Leases) (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Operating Leased Assets [Line Items]
2017	$ 31,335
2018	27,148
2019	24,776
2020	18,136
2021	14,348
Thereafter	126,677
Total minimum lease payments	242,420
Ground Lease [Member]
Operating Leased Assets [Line Items]
2017	3,621
2018	3,629
2019	3,691
2020	1,419
2021	1,357
Thereafter	9,981
Total minimum lease payments	23,698
Premises Lease [Member]
Operating Leased Assets [Line Items]
2017	25,049
2018	23,519
2019	21,085
2020	16,717
2021	12,991
Thereafter	116,696
Total minimum lease payments	216,057
Equipment Lease [Member]
Operating Leased Assets [Line Items]
2017	2,665
Total minimum lease payments	$ 2,665

Non-controlling Interests (Narrative) (Details)	Dec. 31, 2016
Australia Country Cinemas, Pty Ltd [Member]
Ownership percentage by noncontrolling interest	25.00%
Shadow View Land And Farming, LLC [Member]
Ownership percentage by noncontrolling interest	50.00%
Sutton Hill Capital, LLC [Member]
Ownership percentage by noncontrolling interest	25.00%

Non-controlling Interests (Components Of Noncontrolling Interests) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Noncontrolling Interest [Line Items]
Non-controlling interests in consolidated subsidiaries	$ 4,418	$ 4,331
Australia Country Cinemas, Pty Ltd [Member]
Noncontrolling Interest [Line Items]
Non-controlling interests in consolidated subsidiaries	264	318
Shadow View Land And Farming, LLC [Member]
Noncontrolling Interest [Line Items]
Non-controlling interests in consolidated subsidiaries	1,980	1,940
Sutton Hill Capital, LLC [Member]
Noncontrolling Interest [Line Items]
Non-controlling interests in consolidated subsidiaries	$ 2,174	$ 2,073

Non-controlling Interests (Components Of Gain (Loss) Attributable To Noncontrolling Interest) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Net income (loss) attributable to non-controlling interests in consolidated subsidiaries

$ 14

$ (79)

^[1]

$ (57)

^[1]

Australia Country Cinemas, Pty Ltd [Member]

Net income (loss) attributable to non-controlling interests in consolidated subsidiaries

140

126

143

Shadow View Land And Farming, LLC [Member]

Net income (loss) attributable to non-controlling interests in consolidated subsidiaries

(58)

(77)

(64)

Net income (loss) attributable to non-controlling interests in consolidated subsidiaries

$ (68)

$ (128)

$ (136)

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Stock-Based Compensation and Stock Repurchases (Narrative) (Details) - USD ($)

1 Months Ended

12 Months Ended

36 Months Ended

Apr. 30, 2016

Mar. 31, 2016

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2016

Sep. 30, 2016

May 16, 2014

Dec. 31, 2013

Equity And Stock-Based Compensation [Line Items]

Restricted vesting period

5 years

Unrecognized estimated compensation cost related to non-vested stock options granted

$ 554,000

Recognition period of unrecognized compensation cost

1 year 11 months 12 days

Intrinsic unrealized value of all options outstanding, vested and expected to vest

$ 2,584,500,000

$ 1,401,321,000

$ 2,476,230,000

2,584,500,000

Cash received from exercise of stock options

142,000,000,000

3,000,000

978,000

Total Paid

$ 2,850,000

^[1]

$ 3,110,000

^[1]

$ 4,070,000

^[1]

$ 10,030,000

Share price

$ 15.68

$ 12.95

$ 9.42

$ 11.74

Stock Option [Member]

Equity And Stock-Based Compensation [Line Items]

Compensation expense

$ 284,000

$ 282,000

$ 146,000

Restricted Stock Units (RSUs) [Member]

Equity And Stock-Based Compensation [Line Items]

Compensation expense

419,000

Unrecognized estimated compensation cost related to non-vested stock options granted

$ 396,000

Common Stock shares remaining for future issuances

68,153

Restricted Stock Units (RSUs) [Member] | Employee/Director [Member]

Equity And Stock-Based Compensation [Line Items]

Options granted

5,625

62,528

Restricted Stock Units (RSUs) [Member] | Executive Officer [Member]

Equity And Stock-Based Compensation [Line Items]

Percentage of shares vested

4 years

25.00%

Restricted Stock Units (RSUs) [Member] | Director [Member]

Equity And Stock-Based Compensation [Line Items]

Percentage of shares vested

1 year

100.00%

May 2014 Stock Repurchase Plan [Member]

Equity And Stock-Based Compensation [Line Items]

Repurchase program, amount authorized

$ 10,000,000

Repurchase program, shares authorized

350,000

Class A Nonvoting Common Stock [Member]

Equity And Stock-Based Compensation [Line Items]

Common Stock authorized for issuance under 2010 Stock Incentive Plan

1,250,000

Common Stock shares remaining for future issuances

604,857

Class A [Member]

Equity And Stock-Based Compensation [Line Items]

Options exercised

46,815

185,685

157,600

Options granted

169,327

112,000

80,000

Options outstanding

535,077

486,565

568,250

535,077

709,850

Class A [Member] | James Cotter Jr. [Member]

Equity And Stock-Based Compensation [Line Items]

Stock options terminated

50,000

Equity And Stock-Based Compensation [Line Items]

Equity And Stock-Based Compensation [Line Items]

0 years

Maximum [Member]

Stock-Based Compensation and Stock Repurchases [Abstract]

4 years

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Stock-Based Compensation and Stock Repurchases (Summary Of Stocks Awarded) (Details) - Class A Nonvoting Common Stock [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Equity And Stock-Based Compensation [Line Items]
Fair value	$ 1,200,000	$ 750,000
Number of shares	160,643	125,209
Fair value per share	$ 7.47	$ 5.99

Stock-Based Compensation and Stock Repurchases (Schedule Of Fair Value Of Options, Weighted Average Assumptions) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Stock-Based Compensation and Stock Repurchases [Abstract]
Stock option exercise price	$ 11.87	$ 13.30	$ 8.56
Risk-free interest rate	1.20%	2.23%	2.51%
Expected option life in years	3 years 9 months	4 years	5 years
Expected volatility	25.01%	31.86%	31.33%
Weighted average fair value	$ 2.49	$ 3.82	$ 2.76

Stock-Based Compensation and Stock Repurchases (Schedule Of Stock Options Outstanding And Exercisable) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Equity And Stock-Based Compensation [Line Items]
Weighted Average Exercise Price of Options Outstanding, Granted	$ 11.87	$ 13.30	$ 8.56
Weighted average remaining years of contractual life	2 years 7 months 10 days	2 years 10 months 21 days	2 years 4 months 24 days	4 years 8 months 12 days
Aggregate Intrinsic Value, Beginning balance	$ 2,188,011	$ 4,197,000	$ 938,503
Aggregate Intrinsic Value, Exercised	220,002	327,170	374,022
Aggregate Intrinsic Value, Ending balance	$ 3,615,191	$ 2,188,011	$ 4,197,000	$ 938,503
Class A [Member]
Equity And Stock-Based Compensation [Line Items]
Common Stock Options Outstanding, Beginning balance	486,565	568,250	709,850
Common Stock Options Outstanding, Granted	169,327	112,000	80,000
Common Stock Options Outstanding, Exercised	(46,815)	(185,685)	(157,600)
Common Stock Options Outstanding, Expired	(74,000)	(8,000)	(64,000)
Common Stock Options Outstanding, Ending balance	535,077	486,565	568,250	709,850
Weighted Average Exercise Price of Options Outstanding, Beginning price	$ 8.68	$ 6.88	$ 6.66
Weighted Average Exercise Price of Options Outstanding, Granted	11.87	13.30	8.56
Weighted Average Exercise Price of Options Outstanding, Exercised	9.50	6.09	6.21
Weighted Average Exercise Price of Options Outstanding, Expired	7.02	6.23	6.83
Weighted Average Exercise Price of Options Outstanding, Ending price	$ 9.84	$ 8.68	$ 6.88	$ 6.66
Class B [Member]
Equity And Stock-Based Compensation [Line Items]
Common Stock Options Outstanding, Beginning balance		185,100	185,100
Common Stock Options Outstanding, Granted
Common Stock Options Outstanding, Exercised		(185,100)
Common Stock Options Outstanding, Ending balance			185,100	185,100
Weighted Average Exercise Price of Options Outstanding, Beginning price		$ 9.90	$ 9.90
Weighted Average Exercise Price of Options Outstanding, Exercised		$ 9.90
Weighted Average Exercise Price of Options Outstanding, Ending price			$ 9.90	$ 9.90

Stock-Based Compensation and Stock Repurchases (Summary Of Vested Stock Options) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Equity And Stock-Based Compensation [Line Items]
Weighted average remaining years of contractual life, Vested	1 year 7 months 2 days	2 years 1 month 21 days	3 years 7 months 17 days
Aggregate intrinsic value, Vested	$ 2,584,500	$ 1,401,321	$ 2,476,230
Weighted average remaining years of contractual life, Nonvested	3 years 10 months 13 days	3 years 8 months 19 days	4 years 3 months
Aggregate intrinsic value, Nonvested	$ 1,030,691	$ 786,690	$ 1,720,770
Class A [Member]
Equity And Stock-Based Compensation [Line Items]
Number of options, Vested	296,500	256,065	348,000
Weighted average exercise price, Vested	$ 7.88	$ 7.64	$ 6.82
Number of options, Nonvested	238,577	230,500	220,250
Weighted average exercise price, Nonvested	$ 12.28	$ 9.83	$ 6.98
Class B [Member]
Equity And Stock-Based Compensation [Line Items]
Number of options, Vested			185,100
Weighted average exercise price, Vested			$ 9.90

Stock-Based Compensation and Stock Repurchases (Summary Of Repurchased Stock) (Details) - USD ($)
$ / shares in Units, $ in Thousands

12 Months Ended

36 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2016

Shares acquired

181,739

240,102

432,252

854,093

Share price

$ 15.68

$ 12.95

$ 9.42

$ 11.74

Total Paid

$ 2,850

^[1]

$ 3,110

^[1]

$ 4,070

^[1]

$ 10,030

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Accumulated Other Comprehensive Income (Summary Of Accumulated Other Comprehensive Income) (Details)
$ in Thousands

12 Months Ended

Dec. 31, 2016

USD ($)

Accumulated Other Comprehensive Income (Loss) [Line Items]

$ 11,806

^[1],[2]

269

Foreign Currency Items [Member]

12,075

Accumulated Other Comprehensive Income (Loss) [Line Items]

14,642

142

Unrealized Gain (Losses) On Available-For-Sale Investments [Member]

14,784

Accumulated Other Comprehensive Income (Loss) [Line Items]

(2)

Accrued Pension Service Costs [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

(2,848)

129

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

$ (2,719)

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Derivative Instruments (Set Forth Terms Of Interest Rate Swap And Cap Derivative Instruments) (Details) - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Derivative [Line Items]
Notional amount	$ 63,913	$ 59,913
Other assets	1	1
Other liabilities	58	156
Interest Rate Swap [Member] \| Trust Preferred Securities [Member]
Derivative [Line Items]
Notional amount	48,913	52,413
Other liabilities	58	156
Interest Rate Cap [Member] \| US Union Square Line Of Credit [Member]
Derivative [Line Items]
Notional amount	7,500
Other assets	1
Interest Rate Cap [Member] \| Minetta and Orpheum Theatres Loan [Member]
Derivative [Line Items]
Notional amount	$ 7,500	7,500
Other assets		$ 1

Derivative Instruments (Summary Of Unrealized Gains/Losses In The Financial Statement) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivative Instruments [Abstract]
Net unrealized gains on interest rate derivatives	$ 98	$ 2,021	$ 1,036

Fair Value Measurements (Narrative) (Details) - USD ($)	12 Months Ended
Fair Value Measurements (Narrative) (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Fair Value Measurements [Abstract]
Transfers of assets and liabilities between level 1, 2, 3	$ 0	$ 0	$ 0

Fair Value Measurements (Schedule Of Assets and Liabilities Carried and Measured At Fair Value) (Details) - Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total recorded at fair value	$ (8)	$ (104)
Prepaid Expenses and Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Investments	49	51
Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Derivatives	1	1
Other Current Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities, Derivatives	(58)	(156)
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total recorded at fair value	49	51
Level 1 [Member] \| Prepaid Expenses and Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Investments	49	51
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total recorded at fair value	(57)	(155)
Level 2 [Member] \| Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Derivatives	1	1
Level 2 [Member] \| Other Current Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities, Derivatives	$ (58)	$ (156)

Fair Value Measurements (Schedule Of Fair Value Carried At Cost And Measured On A Nonrecurring Basis) (Details) - Nonrecurring [Member] - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Financial liabilities total

$ 136,451

$ 112,892

Level 3 [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Financial liabilities total

136,451

112,892

Debt, Current And Noncurrent [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Debt, Current And Noncurrent [Member] | Level 3 [Member]

121,204

99,554

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Subordinated Debt [Member]

121,204

99,554

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Subordinated Debt [Member] | Level 3 [Member]

15,247

13,338

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

15,247

13,338

Carrying Value

Financial liabilities total

^[1]

148,535

130,941

Carrying Value | Debt, Current And Noncurrent [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Carrying Value | Subordinated Debt [Member]

^[1]

120,622

103,028

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Minimum Future Rental Collections [Abstract]

^[1]

$ 27,913

[1]	These balances are presented gross of deferred financing costs.

Minimum Future Rental Collections (Narrative) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Real estate revenue

$ 13,551

$ 15,042

^[1]

$ 16,887

^[1]

[1]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).

Minimum Future Rental Collections (Schedule Of Future Minimum Rental Income Under Operating Leases) (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Minimum Future Rental Collections [Abstract]
2017	$ 8,325
2018	7,774
2019	6,987
2020	5,724
2021	5,137
Thereafter	26,780
Total future minimum rental income	$ 60,727

Related Party Transactions (Details) - USD ($)

12 Months Ended

Aug. 31, 2016

Jun. 27, 2016

Mar. 10, 2016

Jan. 01, 2015

Jun. 28, 2007

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Feb. 28, 2015

$ 211,886,000

$ 210,298,000

^[1],[2]

Contributions from noncontrolling stockholders

^[3]

5,900,000

268,000

17,000

^[4]

$ 327,000

^[4]

Renovation amount

122,863,000

126,622,000

US Cinema 1, 2, 3 Term Loan [Member]

266,233,000

207,075,000

Capital call

506,000

$ 15,000,000

$ 20,000,000

^[5]

15,000,000

^[6]

Sutton Hill Capital, LLC [Member] | US Cinema 1, 2, 3 Term Loan [Member]

25.00%

Shadow View Land And Farming, LLC [Member]

$ 15,000,000

Incremental positive cash flow percentage

50.00%

Cinemas 1, 2, 3 [Member]

Management fee

177,000

153,000

$ 118,000

100.00%

Average annual positive cash flow period

3 years

Annual cash-on-cash return percent

15.00%

Related party expense

$ 590,000

590,000

10 years

Jun. 30, 2020

Purchase option

$ 5,900,000

4,700,000

Payment to acquire interest in special purpose entity

5,900,000

$ 3,000,000

Debt amount

26,900,000

Due from related party

$ 2,900,000

Renovation amount

$ 750,000

Capital call

$ 169,000

Guarantee and indemnity percentage

25.00%

Sutton Hill Capital's Interest In Sutton Hill Properties [Member]

Special purpose entity purchase option, percentage

25.00%

OBI Management [Member]

Estimated related party expense

$ 79,000

589,000

397,000

21.00%

Executive Vice-President, Margaret Cotter [Member]

Annual base salary

$ 350,000

Executive Vice-President, Margaret Cotter [Member] | Restricted Stock [Member] | 2010 Stock Incentive Plan [Member]

Shares granted

4,184

Executive Vice-President, Margaret Cotter [Member] | Class A [Member]

4 years

Shares granted

19,921

James Cotter And Michael Forman [Member]

Ownership percentage in live theater play investment

5.00%

Chief Executive Officer [Member]

Contributions from noncontrolling stockholders

$ 2,500,000

Bonus contributed to acquire land

$ 255,000

Cinema Ground Lease [Member]

50.00%

86th Street Cinema [Member]

Jun. 01, 2031

Management fee

$ 150,000

$ 151,000

$ 123,000

1 year

Minimum [Member] | Sutton Hill Capital, LLC [Member]

0 years

Purchase option

$ 100,000

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	Represents the lease liability of the option associated with the ground lease purchase of the Village East Cinema. See below for more information.
[4]	Certain 2015 and 2014 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[5]	The loan for our Minetta & Orpheum Theatres was obtained from Santander Bank. The term loan for our Cinema 1,2,3 Theatre, which was previously provided by Santander Bank, was refinanced during the third quarter of 2016 with Valley National Bank. The new term loan, which is collateralized by our new U.S Corporate Headquarters office building purchased in April 2016, was obtained with Citizens Asset Finance, Inc. during the fourth quarter of 2016. Refer below for further discussions on these new loan arrangements.
[6]	In 2015, the loans for our Cinema 1,2,3 and Minetta & Orpheum Theatres were obtained from Bank of Santander, while the Union Square line of credit was obtained through East West Bank.

Asset Impairment and Other Losses Recoverable through Insurance Claim (Narrative) (Details)
$ in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2016

NZD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

^[1],[2]

Asset Impairment and Other Losses Recoverable through Insurance Claim [Line Items]

Estimated demolition costs

$ 211,886

$ 210,298

$ 8,500

^[3]

5,900

Coverage limit

35,900

$ 25,000

Advanced claims settlement

(7,103)

^[4],[5]

5,000

Parking Structure [Member]

Asset Impairment and Other Losses Recoverable through Insurance Claim [Line Items]

Asset Impairment and Other Losses Recoverable through Insurance Claim [Abstract]

$ 14,200

$ 9,900

[1]	Certain 2015 balances have been reclassified to conform to the 2016 presentation (see Note 2 - Summary of Significant Accounting Policies - Reclassifications).
[2]	Certain 2015 balances included the restatement impact as a result of a change in accounting principle (see Note 2 - Summary of Significant Accounting Policies - Accounting Changes).
[3]	$862,000 (NZ$1.2 million) or 14% of total estimated demolition costs was preliminarily assessed as expenses not reimbursable under our insurance policy and hence, we recorded in profit and loss.
[4]	In line with our standard translation policy, the recoverable asset of NZ$13.6 million was translated into U.S. dollars based on the spot exchange rate as of December 31, 2016, while the impact on our statement of operations was translated using the average exchange rate for the month of December 2016.
[5]	This represents the advanced claims settlement from the Insurer of $5.0 million (NZ$7.1 million).

Asset Impairment and Other Losses Recoverable through Insurance Claim (Schedule Of The Total Incurred Losses And Recoverable Amounts From Insurance Claims) (Details) - 12 months ended Dec. 31, 2016
$ in Thousands, $ in Thousands

NZD ($)

USD ($)

^[5]

USD ($)

Written down value of parking structure, Total

^[1]

$ 14,246

Written down value of parking structure, Less: Recorded to Statement of Operations

^[1],[2]

(795)

Written down value of parking structure, Recoverable Assets under Insurance Claim

^[1],[3]

13,451

Estimated demolition costs, Total

8,500

^[4]

$ 5,900

Estimated demolition costs, Less: Recorded to Statement of Operations

^[2],[4]

(1,224)

Estimated demolition costs, Recoverable Assets under Insurance Claim

^[3],[4]

7,276

Total expected incurred losses

22,746

Total expected incurred losses, Recoverable Asset under Insurance Claim

^[3]

20,727

Less: Advance payment from Insurer

(7,103)

^[5],[6]

5,000

Insurance Recoverable for Incurred Losses, Total

15,643

10,884

^[5]

Less: Recorded to Statement of Operations Total

^[2]

(2,019)

$ (1,421)

Insurance Recoverable for Incurred Losses, Recoverable Asset under Insurance Claim

^[3]

$ 13,624

$ 9,480

^[5]

[1]	Recorded land value was excluded in the impairment determination. The reduction to the written down value represents the 5% deductible calculated based on the estimated value of the insured damaged parking structure for insurance purposes.
[2]	Total impact to current income of $1.4 million (NZ$2.0 million) is presented as a separate line in our Statement of Operations.
[3]	The recoverable asset of $9.5 million (NZ$13.6 million) is presented as part of "Other non-current assets" as the timing of the insurance claim receipt is not fixed nor reliably determinable.
[4]	$862,000 (NZ$1.2 million) or 14% of total estimated demolition costs was preliminarily assessed as expenses not reimbursable under our insurance policy and hence, we recorded in profit and loss.
[5]	In line with our standard translation policy, the recoverable asset of NZ$13.6 million was translated into U.S. dollars based on the spot exchange rate as of December 31, 2016, while the impact on our statement of operations was translated using the average exchange rate for the month of December 2016.
[6]	This represents the advanced claims settlement from the Insurer of $5.0 million (NZ$7.1 million).

Unaudited Quarterly Financial Information (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1]

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

Dec. 31, 2015

^[1]

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

^[3]

Dec. 31, 2014

^[3]

Quarterly Financial Data [Abstract]

$ 67,451

$ 71,315

$ 66,918

$ 64,789

$ 66,691

$ 57,788

$ 72,802

$ 60,584

$ 270,473

$ 257,865

^[2]

$ 255,242

^[2]